NASDAQ

  • Roku files for $100M IPO

    Roku files for $100M IPO

    Roku has filed for an initial public offering and is looking to raise up to $100 million. The company will be listed on the NASDAQ appropriately under the ticker of ROKU. Read More

  • Surging tech stocks have pushed Nasdaq over 6000 for the first time ever

    Surging tech stocks have pushed Nasdaq over 6000 for the first time ever

    The Nasdaq composite just passed 6000 for the first time, hitting an all-time intraday high in the process. Over the past 12 months the composite is up nearly 32%. The majority of this strong performance can be attributed to five technology stocks that have also been surging – Apple, Facebook, Amazon, Microsoft and Alphabet account for about 40% of the composite’s gains in 2017.
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  • Few startups IPOed this year, but the ones that did soared

    Few startups IPOed this year, but the ones that did soared

    There weren’t many tech IPOs this year, but they performed well. Just 14 venture-backed tech companies went public, according to Dealogic. This compares to 25 last year and the 40+ we saw in each of the five years before.  The last time we had fewer tech IPOs was in the 2009 financial crisis. Macroeconomic concerns related to oil prices, China and the Brexit made it a suboptimal time… Read More

  • Trivago closes up 8% in public debut

    Trivago closes up 8% in public debut

    Hotel search site Trivago went public on Friday, after separating from Expedia. The company priced its shares at $11 and closed the day at $11.85, up 7.73 percent. But this was after pricing at $11 per share, below the $13 to $15 range that had been forecast. The company raised $287 million in the offering and plans to use the capital to focus on growth and potentially make strategic… Read More

  • Trivago files to raise up to $428 million in IPO

    Trivago files to raise up to $428 million in IPO

    German hotel booking site Trivago updated its plans for a U.S. IPO in a filing that came out on Monday. The company expects to price its shares between $13 to $15, a $428 million offering at the top end of the range. Officially named Travel B.V., the company will change its name to Trivago to match its popular web property, before completing the IPO later this month. Expedia will still own… Read More

  • Coupa up 87% in software IPO

    Coupa up 87% in software IPO

    Coupa was off to the races when it went public on Thursday. The “spend management” software company priced its IPO at $18 and saw its shares almost double during its first day of trading. With clients like Nike and Toyota, Coupa helps companies keep tabs on everyday expenditures and competes with divisions of Oracle and SAP. Founded a decade ago, they claim they’ve saved… Read More

  • 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

  • Nokia Shares Pop 47% On News Of Microsoft Deal

    Nokia Shares Pop 47% On News Of Microsoft Deal

    The deal hasn’t closed yet, but investors are already approving or penalizing Microsoft’s acquisition of Nokia devices, depending on the company. Microsoft shares opened down 5.2 percent to $31.75. In the meantime, earlier today, Nokia shares (HEL:NOK1V) opened at €4.36. Compared to yesterday’s closing price of €2.96, it represents a whopping 47 percent increase. Now… Read More

  • Apple Shares Hit $500 Again, Representing A Massive $100 Billion Market Cap Gain In 48 Days

    Apple Shares Hit $500 Again, Representing A Massive $100 Billion Market Cap Gain In 48 Days

    Apple shares (NASDAQ:AAPL) are currently up 2.79 percent to $503.25 a share in the wake of Carl Icahn’s lobbying efforts on Twitter. Yet, the stock performance of the past two days shouldn’t diminish the overall performance over the past two months. In less than two months, Apple has indeed gained $100 billion in market capitalization. On June 27 of this year, shares closed at… Read More

  • Facebook Shares Open At $38.22, Finally Return To IPO Price After A Year Of Turmoil

    Facebook Shares Open At $38.22, Finally Return To IPO Price After A Year Of Turmoil

    Facebook shares (NASDAQ:FB) finally broke the psychological glass ceiling of $38 a share, Facebook’s IPO price. Currently trading at $38.22 a share, the stock is slightly up 1.52 percent compared to yesterday’s closing price — it opened at $37.98 but popped above $38 in seconds. It has been a tumultuous year for the stock, but investors now seem to be satisfied with… Read More

  • Microsoft Experiences Its Biggest Drop Of The Century As Shares Fall 12 Percent

    Microsoft Experiences Its Biggest Drop Of The Century As Shares Fall 12 Percent

    Microsoft shares (NASDAQ:MSFT) dropped 12.2 percent, representing the biggest single-day drop in over 13 years. On April 24, 2000, shares dropped 15.6 percent — since then, Microsoft has never experienced such a shelling. Yesterday, the company announced disappointed earnings and took a massive $900 million writedown due to unsold Surface RTs. Read More

  • Revenue Falls, But Yahoo Shares Jump 7% To Reach A Five-Year High

    Revenue Falls, But Yahoo Shares Jump 7% To Reach A Five-Year High

    Shortly after the stock market opened, Yahoo shares (NASDAQ:YHOO) have jumped to 28.91, representing a 7.55 percent increase over yesterday’s closing price of 26.88. More importantly, it represents a five-year high for the Silicon Valley veteran. Yet, Yahoo announced its Q2 earnings yesterday and it wasn’t as straightforward as the NASDAQ makes it look. Revenue was down 1 percent… Read More