IPO

  • LendingClub Files For $500M IPO

    LendingClub Files For $500M IPO

    LendingClub, a company that provides an online loan marketplace, filed today to go public. According to its S-1 document, the company intends to raise up to $500 million in its flotation. LendingClub, as with many technology companies currently seeking the public markets, has quickly growing revenues but isn’t profitable. Read More

  • With Money Tight, HubSpot Looks To Tap Public Markets

    With Money Tight, HubSpot Looks To Tap Public Markets

    With $7.3 million in cash on hand, and losses of $17.77 million in the first half of 2014, HubSpot has filed to go public. HubSpot’s slim cash load and expanding losses — the firm had a deficit attributable to common shareholders of $16.37 million in the first six months of 2013 — are contravened by its rising revenues: HubSpot had revenue of $51.27 million during the first… Read More

  • TubeMogul Surges 48% In Its Debut After Cutting Its IPO Price

    TubeMogul Surges 48% In Its Debut After Cutting Its IPO Price

    TubeMogul is having a strong first day of trading as a public company, rising nearly 50 percent in midday trading. The company went public for $7 per share, and is currently trading in the $10.30 range. The IPO, however, came with caveats. The $7 per share price was dramatically under its initially proposed pricing range of $11 to $13. And, to help get the thing out the door, prior investors… Read More

  • TubeMogul Wants To Go Public For $11-$13 Per Share, Raising Up To $93.4M

    TubeMogul Wants To Go Public For $11-$13 Per Share, Raising Up To $93.4M

    When TubeMogul first filed to go public, it indicated that it would offer up to $75 million of its shares for sale. That figure was soft. Today, TubeMogul decided on a price range for its shares — $11 to $13 per unit — meaning that it could sell up to $93.4 million of its stock in the flotation. The company’s revenue has grown quickly, as had its losses until recently. It… Read More

  • Arista Networks, GoPro And JD.com Spike, Pumping Fresh Oxygen Into The Tech IPO Market

    Arista Networks, GoPro And JD.com Spike, Pumping Fresh Oxygen Into The Tech IPO Market

    Three recently public technology companies are surging today, potentially indicating fresh analyst and investor enthusiasm for tech shares. GoPro is up more than 21% at the time of writing, continuing a massive bull run since its recent debut. Its shares are nearing the $50 mark. The company IPO’d at $24 per share, meaning that it has more than doubled its value since going… Read More

  • GoPro’s 14.6% Day 2 Rise Puts It Up 50% From Its IPO Price

    GoPro’s 14.6% Day 2 Rise Puts It Up 50% From Its IPO Price

    GoPro spiked from its offering price of $24 to $31.34 yesterday in its first day of trading. Today the company built on that success, adding nearly $5 more to its share price, ending the day at $35.92, up 14.60 percent during regular trading. All told, GoPro is now up a total of 49.67 percent from its IPO price, making it more than a successful IPO. Its rapid ascent will surely be read by… Read More

  • MobileIron Pops 17% In Public Debut

    MobileIron Pops 17% In Public Debut

    This morning the public markets welcomed MobileIron to the NASDAQ, sending its shares up 17.67 percent at the time of writing. MobileIron is a mobile-IT provider for large corporations. MobileIron’s IPO was viewed by some as a proxy for the larger technology markets, given its quickly expanding revenue in its most recent full-calendar year, as well as its deepening losses. Like a number… Read More

  • GoDaddy Files For $100M IPO

    GoDaddy Files For $100M IPO

    Today GoDaddy, the popular domain and web-services company, filed its S-1 document to go public. The company has seen quick revenue growth in recent years and massive losses measured using generally accepted accounting principles (GAAP). The company’s 2013 revenue totaled $1.13 billion. The company lost $199.88 million during that period. The company had revenue of $910 million in 2012… Read More

  • Infoblox’s Stock Drops 36.84% After Its Earnings And Forecast Disappoint

    Infoblox’s Stock Drops 36.84% After Its Earnings And Forecast Disappoint

    Shares of Infoblox fell sharply today, to the tune of 36.84%. The networking company reported disappointing earnings after the bell yesterday, along with the coming departure of of its CEO. How bad were the earnings? The company reported $61 million in revenue for its fiscal third quarter (2014), up a mere 5% on a year-over-year basis. The company lost $7.4 million the period on a GAAP basis… Read More

  • JD.com’s IPO Lands Strongly, With Shares Currently Up Over 8%

    JD.com’s IPO Lands Strongly, With Shares Currently Up Over 8%

    After pricing above expectations, JD.com’s IPO has performed well, with its shares currently up more than 8% from its $19 per share debut. JD.com popped higher this morning in its first moments as a public company, but the company has evened out to the $20 to $21 range for now. Is an 8% jump modest? Perhaps, but in the current, choppy market, pricing above range and nearly picking up… Read More