NASDAQ

  • Dell’s SecureWorks stumbles in first tech IPO of the year

    It has been a dry year for tech IPOs. Up until today’s SecureWorks offering, there had been zero in the U.S. in 2016. Zero. This compares to seven in the same period last year and 24 in that timeframe the year before. So tech investors and late-stage private companies were watching SecureWorks closely, to see if the tech IPO window would reopen. It is one of the few indications we have… Read More

  • Worst Year For Tech IPOs Since 2009

    Worst Year For Tech IPOs Since 2009

    With just 28 technology companies entering the U.S. public markets, 2015 was the worst year for IPOs since 2009, according to Dealogic. This compares to 62 last year and 48 the year before, with 131 “unicorns” opting to remain private longer. “We haven’t seen so few tech IPOs since the 2008-09 U.S. financial crisis,” notes Kathleen Smith, principal at IPO ETF… Read More

  • NASDAQ Acquires SecondMarket To Help Startups Sell Shares

    NASDAQ Acquires SecondMarket To Help Startups Sell Shares

    NASDAQ has agreed to buy SecondMarket Solutions to combine forces with the NASDAQ Private Market. The group will facilitate the exchange of shares for private companies, including DocuSign, Pinterest, Shazam and Tango. Bill Siegel, present CEO of SecondMarket, will lead the expanded NASDAQ Private Market business, which will be headquartered in both San Francisco and New York. The businesses… Read More

  • Hello Again, NASDAQ 5,000

    Hello Again, NASDAQ 5,000

    Update: The NASDAQ closed at 5,008.10, up 0.9 percent on the day. That the index closed over the 5,000 mark is even more interesting that it managed to break the level during intraday trading.  The NASDAQ Composite index, a barometer of sorts of the technology industry, traded north of the 5,000 mark today. It was the first time the Composite had traded at that level since the late 90s… Read More

  • India’s Homeshop18 Files For $75M Nasdaq IPO, Ahead Of Bigger E-Commerce Rivals

    India’s Homeshop18 Files For $75M Nasdaq IPO, Ahead Of Bigger E-Commerce Rivals

    Homeshop18, an Indian TV shopping and online retail company owned by media conglomerate Network18 Media, has filed for $75 million IPO on Nasdaq, ahead of much-awaited listings of bigger e-commerce rivals in the country such as Flipkart and Snapdeal. In October last year, Homeshop18 had raised $14 million in fresh round of funding from Korea’s GS Home Shopping among other investors. Read More

  • NASDAQ Finally Launches Its Market For Privately-Held Companies

    NASDAQ Finally Launches Its Market For Privately-Held Companies

    Just as the JOBS Act kick-starts bigger markets for shares of privately held companies, NASDAQ is launching its own entrant in the field. The U.S. stock exchange, which hosts tech companies like Apple, Google and Facebook, is finally opening its private company marketplace to let growth-stage companies tap institutional investors for capital and employee liquidity. They’re part of a… Read More

  • Apple Has Repurchased $14 Billion Of AAPL Shares Over The Past Two Weeks

    Apple Has Repurchased $14 Billion Of AAPL Shares Over The Past Two Weeks

    You can feel Carl Icahn’s presence in Tim Cook’s recent announcement to the Wall Street Journal — Apple just repurchased the equivalent of $14 billion in Apple shares as part of its massive share buyback program. At today’s market capitalization, it represents just over 3 percent of the company. As a reminder, activist investor Carl Icahn recently lobbied on Twitter… Read More

  • Facebook Shares Jump 16 Percent After Good Earnings And Paper Announcement

    Facebook Shares Jump 16 Percent After Good Earnings And Paper Announcement

    Facebook shares (NASDAQ:FB) have already been on the rise for the past few months, which makes today’s performance even more impressive — shares opened at $62.12, sixteen percent above yesterday’s closing price of $53.53 a share. In other words, Facebook’s market capitalization gained more than $20 billion in a single night. It now sits at $151 billion. The two reasons… Read More

  • Microsoft Initiates Massive $40 Billion Share Buyback Program

    Microsoft Initiates Massive $40 Billion Share Buyback Program

    Shortly before market opening, Microsoft (NASDAQ:MSFT) announced a new massive buyback program as well as a dividend increase. The new buyback program comes after the expiration of a previous $40 billion program that is set to expire on September 2013. In other words, today’s news is a confirmation of Microsoft’s commitment to invest its cash in its own stock. Quarterly dividend… Read More