The performance of some recent tech IPO’s is illustrated in the table below. Zynga is in better shape than we thought; LinkedIn a little less so. Poor Pandora (which we love) apparently increased users substantially but hasn’t yet found an effective way to monetize and is being hammered today.
Issuer | IPO Date | Price At IPO | Mid-Day Price March 7, 2012 | % Change |
2011-05-19 | 83.00 | 85.49 | + 3.00% | |
Pandora | 2011-06-15 | 20.00 | 10.98 | - 45.10% |
Groupon | 2011-11-24 | 28.00 | 17.72 | - 36.71% |
Zynga | 2011-12-16 | 11.00 | 13.71 | + 24.64% |
-- Paul Marotta
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