Hi, Welcome to another amazing blog. Today we will discuss about some famous companies that had their IPO in 2007.
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
Companies that had their IPO in 2007
1. VMware
VMware started selling its shares on August 14, 2007. They sold 33 million shares at $29 each and in one day, the price went up to $51, making them a lot of money, about $957 million! They make special computer stuff for clouds and virtual things. Lots of people like them because they are good at what they do and more and more people want cloud services and virtual stuff, so they will keep growing. It is one of the major Companies that had their IPO in 2007.
2. NetSuite
On December 20, 2007, NetSuite started selling their shares. They sold 6.2 million shares for $26 each and the price went up to $35.18 in one day. They made around $162 million! NetSuite makes computer things to help businesses plan and manage stuff using the cloud. Big company Oracle liked them so much that they joined them. Oracle has lots of customers, so NetSuite can grow more by offering even better cloud business stuff. It is one of the major Companies that had their IPO in 2007.
3. Mellanox
On February 13, 2007, Mellanox sold their shares. They sold 5.65 million shares for $17 each and the price went up to $25.50 in one day. They got about $96 million! Mellanox does cool things with networks for data centers and clouds. People need more data processing and communication in the big data and cloud world, so they have a bright future. It is one of the Companies that had their IPO in 2007.
Learn about – Inventory Financing & Management | Top 5 Inventory Financing Companies
4. Sourcefire
On March 8, 2007, Sourcefire sold their shares. They sold 5.77 million shares for $15 each, but in one day, the price went down to $12.75. They got around $87 million. Sourcefire is a company that fights bad computer stuff to keep us safe. Big company Cisco liked them and bought them in 2013. Their tech is still useful in keeping our computers safe from bad things. It is one of the Companies that had their IPO in 2007.
5. Blackstone Group Inc.
On June 22, 2007, The Blackstone Group Inc. started selling their shares. They sold a huge 133.3 million shares for $31 each. In one day, the price went up to $35.06 and they made a crazy amount of money, around $4.13 billion! Blackstone is a big money company that helps people with their money. They are very famous and important in the money world. It is one of the major Companies that had their IPO in 2007.
6. MF Global
On July 19, 2007, MF Global sold their shares. They sold 66 million shares for $30 each and the price went up to $31 in one day. They help people with money and trading, but they had problems in the money crisis in 2008. Sadly, they filed for bankruptcy in 2011, so we don’t know what will happen to them. It is one of the Companies that had their IPO in 2007.
7. Europa Corp
On June 20, 2007, Europa Corp sold their shares. They sold 4.7 million shares for €6.63 each. Europa Corp is a French company that makes movies people love, like “Lucy” and “Taken.” They are still making movies and their future depends on making more films that people like. It is one of the Companies that had their IPO in 2007.
Read Also – Rivian Stock Price Prediction 2023, 2025, 2030, 2040, 2050
8. SandRidge Energy
On November 5, 2007, SandRidge Energy sold their shares. They sold 29 million shares for $26 each and the price went up to $28.25 in one day. They made about $754 million. SandRidge Energy looks for oil and gas. The energy world changes a lot, so their future growth depends on what happens with oil and gas. It is one of the Companies that had their IPO in 2007.
9. ShoreTel
On June 27, 2007, ShoreTel sold their shares. They sold 7.9 million shares for $9.50 each and the price went up to $12.55 in one day. They made about $75 million. ShoreTel made phones and stuff for businesses to talk better. Later, Mitel liked them so much that they bought them in 2017. Now, they are still helping businesses with communication. It is one of the Companies that had their IPO in 2007.
10. Data Domain
On June 27, 2007, Data Domain sold their shares. They sold 7.39 million shares for $15 each and the price went up to $18.26 in one day. They got around $111 million. Data Domain helped businesses with managing their computer data. Big company Dell EMC liked them and bought them in 2009. Now, they are still helping with data storage for Dell EMC. It is one of the Companies that had their IPO in 2007.
Conclusion
So, here we listed companies that had their IPO in 2007. Some have become dominant market players. IPOs have significantly influenced the financial landscape by providing companies with access to public markets and capital for growth, while also offering investors the chance to partake in the success of promising ventures. However, going public through an IPO entails its own challenges and responsibilities. By comprehending the process, advantages, disadvantages, and alternative paths, both investors and companies can make well-informed decisions and successfully navigate the exhilarating journey to public ownership. Now, let’s explore some frequently asked questions about companies that had their IPO in 2007.
Companies that had their IPO in 2007 related FAQs
What is list of Companies that had their IPO in 2007 ?
Some notable Companies that had their IPO in 2007 –
ShoreTel
Data Domain
NetSuite
Mellanox
VMware
Sourcefire
Europa Corp
SandRidge Energy
Blackstone Group Inc.
MF Global
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
Top 10 Companies that had their IPO in 2012, 2013, 2014, 2016, 2017, 2018, 2019, 2020
Also Read – Lucid Motors Stock Price Prediction 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030
Disclaimer– This article is only for educational purposes. It is not investing advice.
Hi, I hope you enjoyed reading it! If you liked it, could you please do me a favor and give it a like? It would mean a lot to me and help me reach wider audience. Thanks! If you have any opinion about the future price, please comment below in the comment section.
How Many Stars Will You give For My Hard Work?
