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KAYAK, Palo Alto Networks Surge on First Day of Trading; Fender Withdraws Chance
Friday, July 20, 2012 - 1:52pm | 271Both of Friday's IPOs for KAYAK (NASDAQ: KYAK) and Palo Alto Networks (NYSE: PANW) saw shares open higher than originally priced. Yesterday, KAYAK priced 3.5 million shares of Class A common stock at $26.00 per share. Friday, shares opened at about $30.49 per share, an increase of 17 percent. At...
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Biggest Post-Facebook IPO Wave Is Set For This Week
Monday, July 16, 2012 - 12:43pm | 421The biggest wave of IPOs since Facebook (NASDAQ: FB) went public is set to hit the U.S. markets this week. The reception to IPOs slowed in the second quarter in the wake of Facebook's lackluster market debut. New issues also were down, however, as companies delayed their moves to the public...