Splunk stock ticker1/18/2024 ![]() ![]() Palo Alto Networks: $260.40 millionĬomputer security company Palo Alto Networks seemed insulated from the tech stock drama of 2012 when it went public on July 20. ![]() Founded in 2004, Splunk was the first true big data company to go public. It experienced an astonishing 108.7 percent jump before closing at $35.48 for the day. Splunk priced its shares at $17 and sold 15.525 million of them for a healthy $264 million raise. Splunk is currently in a small slump, but when the enterprise data software company, which helps businesses with big data needs, went public on April 19, it showed the world that Wall Street was shifting its sights away from consumer companies to enterprise firms. Better still, it’s currently on an upward climb and is trading in the mid $50’s. The human resources software-marker priced its shares at $28 for trading and experienced a 72 percent pop in its first-day trading. ![]() Workday’s short stint on the public market has been a bit of a roller coaster. The seven-year-old company sold 22.75 million shares, plus 3.4 million more through over-allotment options, to bring in $732.55 million. Workday: $732.55 millionĬloud software company Workday showed us what a successful initial public offering could like with a stellar opening on the New York Stock Exchange on Oct. By August, shares were selling for more than half off, though they’ve regained some of those losses since the summer.įurther proving that bigger is not always better, Facebook still faces consolidated class action lawsuits for allegedly disclosing material information about financials to privileged insiders, but not to the public.įB data by YCharts 2. Investors, especially those that missed their chance to flip shares in the no-pop IPO, quickly soured on the overvalued company. The exchange has since offered $62 million to pay for its mistakes. Nasdaq botched the social network’s debut so badly that it became a banker’s worst nightmare. Zuckerberg rang the bell remotely from Facebook’s Menlo Park campus. history.įacebook set a $38 IPO price and raised $16 billion through a May 18 offering that valued the eight-year-old social network at $104 billion. Facebook: $16 billionĮight years after creating Facebook from his Harvard dorm, Mark Zuckerberg took his social networking company public in what became the largest technology IPO in U.S. Several of them proved to be Wall Street heroes, rescuing a technology IPO market that flatlined when Facebook tanked. 1 IPO - Facebook - and everyone else is huge.īut look beyond the dollars raised, and what you’ll find is that eight out of the 10 companies on the list make software and services for other businesses. You’ll notice that the gap between the No. ![]()
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