Hi, Welcome to another amazing blog. Today we will discuss about some famous companies that had their IPO in 2010.
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
Companies that had their IPO in 2010
1. Tesla
Founded by Elon Musk in 2003, Tesla is a renowned company specializing in electric cars and renewable energy solutions such as solar panels and energy storage. On June 29, 2010, they offered shares of their company to the public to raise capital. During their IPO, Tesla sold approximately 13.3 million shares at a price of $17 per share, and the closing price on that day was $23.89. This IPO enabled them to raise approximately $226 million. Tesla has since become a major player in the global electric car industry and has a strong commitment to sustainable transportation. It is one of the major companies that had their IPO in 2010.
2. General Motors (GM)
GM is a long-established car company with a history dating back to 1908. In 2010, they also underwent an IPO, offering approximately 478 million shares at $33 per share. The closing price on the day of the IPO was $34.19, and the IPO raised a staggering $15.8 billion, making it one of the largest IPOs in history. GM is well-known for producing a wide range of vehicles, including popular brands like Chevrolet, Cadillac, GMC, and Buick. Besides dominating the automotive market, GM is actively involved in the development of electric and self-driving cars, positioning themselves for future growth. It is one of the major companies that had their IPO in 2010.
3. BroadSoft
Founded in 1998, BroadSoft is a leading company specializing in communication and collaboration solutions. On June 10, 2010, they entered the stock market by offering approximately 7.5 million shares at $9.50 per share. The closing price on that day was $10.45, and the IPO raised about $71.3 million, providing the necessary funds for the company’s expansion. BroadSoft’s expertise lies in providing cloud-based unified communication solutions to businesses, facilitating seamless communication and collaboration through various means, such as voice, video, and messaging. It is one of the companies that had their IPO in 2010.
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4. Vera Bradley
Established in 1982, Vera Bradley is a prominent fashion brand known for its vibrant and distinctive designs. On October 21, 2010, they went public, offering around 11 million shares at $16 per share. The closing price on the IPO day was $18.54, and the IPO raised approximately $176 million, fueling the brand’s growth. Vera Bradley’s primary focus revolves around creating fashionable accessories, including bags, luggage, and home decor. Their colorful patterns have garnered a dedicated following, cementing their position as a significant name in the fashion industry, with a strong presence in both physical stores and online retail. It is one of the companies that had their IPO in 2010.
5. HiSoft Technology International
HiSoft is a company that assists other businesses with technology-related services. Founded in 1996, they became a publicly traded company on July 22, 2010, offering about 7.5 million shares at $10 per share during their IPO. The closing price on that day was $11.30, and the IPO raised approximately $75 million. HiSoft’s expertise includes software development, data analytics, and cybersecurity, enabling businesses to enhance their operations using technology. With a reputation as a well-known IT service provider worldwide, HiSoft continually strives to innovate and devise novel solutions to meet the needs of their customers. It is one of the companies that had their IPO in 2010.
6. Qlik Technologies
Qlik is a data analytics company that held its IPO on July 16, 2010, during which they offered approximately 11.2 million shares at $10 per share. The closing price on that day was $10, and the IPO raised around $112 million. Qlik’s primary focus lies in providing user-friendly tools that enable businesses to better understand their data, empowering them to make informed decisions. Their intuitive platform has garnered significant recognition within the business intelligence industry, making Qlik a popular choice for organizations seeking to harness the power of their data effectively. It is one of the companies that had their IPO in 2010.
7. Molycorp
Molycorp is a company that deals with rare minerals. On July 29, 2010, they went public, offering about 28.1 million shares at $14 per share. The closing price on the IPO day was $13.55, and the IPO raised approximately $394 million. Molycorp’s significance stems from its role in extracting and processing rare minerals that are vital components in various high-tech products, including electronics and green technologies. By positioning themselves in the global supply chain, Molycorp plays a crucial role in meeting the growing demand for these special minerals. It is one of the companies that had their IPO in 2010.
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8. AMC Theaters
AMC is a renowned movie theater chain. On December 18, 2013, they entered the stock market by offering approximately 18.4 million shares at $18 per share. The closing price on the IPO day was $19.55, and the IPO raised around $331 million, providing resources for the company’s expansion and modernization efforts. AMC Theaters is well-regarded for providing a premium movie-watching experience, offering state-of-the-art theaters, comfortable seating, and cutting-edge technology. As a major player in the entertainment industry, AMC Theaters continuously strives to enhance their theaters to cater to the preferences of movie enthusiasts. It is one of the companies that had their IPO in 2010.
9. Dangdang
Dangdang, often referred to as “China’s Amazon,” held its IPO on December 8, 2010, during which they offered approximately 17 million shares at $16 per share. The closing price on the IPO day was $29.91, and the IPO raised about $272 million, empowering the company’s e-commerce growth. Dangdang is a significant online shopping website in China, offering a diverse range of products, including books, electronics, and lifestyle goods, to Chinese consumers. As one of the pioneers in China’s e-commerce landscape, Dangdang continues to adapt and grow in response to the dynamic market and consumer preferences. It is one of the companies that had their IPO in 2010.
10. Green Dot Corporation
Green Dot is a company that focuses on finances and technology. On July 22, 2010, they held their IPO, offering approximately 4 million shares at $36 per share. The closing price on the IPO day was $38.06, and the IPO raised around $144 million, facilitating the company’s expansion in financial services. Green Dot specializes in providing prepaid debit cards and other financial products and services to consumers and businesses. As a key player in the fintech industry, Green Dot continues to innovate and offer accessible and convenient financial solutions to a vast number of customers across the United States. It is one of the companies that had their IPO in 2010.
Conclusion
So, here we listed companies that had their IPO in 2010. 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 2010.
Companies that had their IPO in 2010 related FAQs
What is list of Companies that had their IPO in 2010 ?
Some notable Companies that had their IPO in 2010 –
Dangdang
Tesla
AMC Theaters
Green Dot Corporation
General Motors
BroadSoft
Qlik Technologies
Molycorp
Vera Bradley
HiSoft Technology International
👉👉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
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Disclaimer– This article is only for educational purposes. It is not investing advice.
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