How recent digital media IPOs have fared
With huge anticipation around Facebook’s IPO, we decided look at how other digital media companies that have gone public over the past year have fared. The big takeaway: Most have had a bumpy ride — and only one has had steady gains since its stock-market debut: LinkedIn (s lnkd). Read on to see how the others, including Yandex (s yndx), Zynga(s znga), Renren(s renn), Groupon(s grpn), Pandora(s p), Demand Media(s dmd), Yelp(s yelp), Brightcove(s bcov) and FriendFinder(s ffn), have made out.
Stock market debut: 5/24/2011
Deal size: $1.3 billion
Valuation: $8.4 billion
Number of shares offered: 52.2 million
Set price/share: $25
Opening price/share: $35
* Most-recent opening price: $21.93
Stock market debut: 12/16/2011
Deal size: $1 billion
Valuation: $7 billion
Number of shares offered: 100 million
Set price/share: $10
Opening price/share: $11
Most-recent opening price: $8.49
Stock market debut: 5/4/2011
Deal size: $743 million
Valuation: $4 billion
Number of shares offered: 53.1 million
Set price/share: $14
Opening price/share: $18
Most-recent opening price: $6.39
Stock market debut: 11/4/2011
Deal size: $700 million
Valuation: $10.5 billion
Number of shares offered: 35 million
Set price/share: $20
Opening price/share: $28
Most-recent opening price: $12.66
Stock market debut: 5/19/2011
Deal size: $353 million
Valuation: $4 billion
Number of shares offered: 7.8 million
Set price/share: $45
Opening price/share: $83
Most-recent opening price: $112
Stock market debut: 6/15/2011
Deal size: $235 million
Valuation: $2.6 billion
Number of shares offered: 161 million
Set price/share: $16
Opening price/share: $20
Most-recent opening price: $11.50
Stock market debut: 1/26/2011
Deal size: $151.3 million
Valuation: $1.5 billion
Number of shares offered: 8.9 million
Set price/share: $17
Opening price/share: $23.50
Most-recent opening price: $9.06
Stock market debut: 3/2/2012
Deal size: $107.3 million
Valuation: $898 million
Number of shares offered: 7.15 million
Set price/share: $15
Opening price/share: $22
Most-recent opening price: $21.63
Stock market debut: 2/17/2012
Deal size: $55 million
Valuation: $290 million
Number of shares offered: 5 million
Set price/share: $11
Opening price/share: $14.30
Most-recent opening price: $14.98
Stock market debut: 5/11/2011
Deal size: $50 million
Valuation: $263 million
Number of shares offered: 5 million
Set price/share: $10
Opening price/share: $10
Most-recent opening price: $1.15
* All most-recent opening prices are from May 17, 2012.