The NYT had good, sober piece about the bubble we’re in, using as a peg what’s happened to Groupon shares since that company’s stock market debut. The piece also includes this useful table:
Here’s a look at some of the notable technology I.P.O.’s this year :
Demand Media
Offering price: $17
Tuesday’s closing price: $6.85
Current market value: $574 million
Groupon
Offering price: $20
Wednesday’s closing price: $16.96
Current market value: $10.82 billion
Offering price: $45
Wednesday’s closing price: $66.00
Current market value: $6.36 billion
Pandora
Offering price: $16
Wednesday’s closing price: $10.51
Current market value: $1.69 billion
Renren
Offering price: $14
Wednesday’s closing price: $3.75
Current market value: $1.47 billion
Yandex
Offering price: $25
Wednesday’s closing price: $20.05
Current market value: $6.48 billion
FOOTNOTE: But why, oh why, can’t the NYT understand apostrophes? Personal computers in the plural are always PC’s in the paper. And so, it turns out, are IPOs.