IPO News Archive
Triple digit first day IPO pops in post bubble era
5/19/11
LinkedIn (
LNKD) is trading up over 100% from its IPO price of $45 in its NYSE debut today. Such a gain was a fairly common occurrence in the dot com years of 1999 and 2000. However, a handful of IPOs have hit that mark in the post bubble era. LinkedIn may be joining the list after its close today.
Top First Day Gains For US listed IPOs Since 2001
| Company Name |
Symbol |
Offer Date |
Offer Price |
First Day
Return |
| Baidu.com | BIDU | 08/04/05 | $27.00 | 354% |
| Youku.com | YOKU | 12/07/10 | $12.80 | 161% |
| Qihoo 360 Technology | QIHU | 03/29/11 | $14.50 | 134% |
| NYMEX | NMX | 11/16/06 | $59.00 | 125% |
| JED Oil | JDO | 04/05/04 | $5.50 | 104% |
| Chipotle Mexican Grill | CMG | 01/25/06 | $22.00 | 100% |
| athenahealth | ATHN | 09/19/07 | $18.00 | 97% |
| ChinaCache International | CCIH | 09/30/10 | $13.90 | 95% |
| Under Armour Inc. | UA | 11/17/05 | $13.00 | 95% |
| MakeMyTrip Limited | MMYT | 08/11/10 | $14.00 | 89% |
Source: www.RenaissanceCapital.com