Hi, Welcome to another amazing blog. Today we will discuss about some famous companies that had their IPO in 2011.
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
Companies that had their IPO in 2011
1. LinkedIn Corp
LinkedIn Corp had its IPO on May 19, 2011, with approximately 7.84 million shares listed at a price of $45 per share. The shares closed at $94.25 on the first day, raising around $352.8 million. LinkedIn is a professional networking platform that connects professionals worldwide. Presently, it is a subsidiary of Microsoft, retaining its significance as a prominent platform for professionals and job seekers and is expected to continue benefiting from the growing demand for online networking and talent acquisition services. It is one of the major companies that had their IPO in 2011.
2. Groupon
Groupon had its IPO on November 4, 2011, with around 35 million shares listed at a price of $20 per share. On the first day, shares closed at $26.11 and the company raised approximately $700 million. Groupon is an e-commerce marketplace offering deals and discounts on various products and services. The company faced challenges in the competitive market, but it still maintains a presence as a popular deal platform, exploring new ways to expand and attract customers to its offerings. It is one of the major companies that had their IPO in 2011.
3. Zynga
Zynga went public on December 16, 2011, with about 100 million shares listed at $10 per share. The closing price on the first day was $9.50 and the company raised nearly $1 billion. Zynga is a well-known developer of mobile and online games. Over the years, it has faced fluctuations in its performance, but it continues to develop games and explore partnerships to stay relevant in the ever-evolving gaming industry. It is one of the companies that had their IPO in 2011.
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4. Pandora
Pandora had its IPO on June 15, 2011, with approximately 14.7 million shares listed at a price of $16 per share. Shares closed at $17.42 on the first day, raising around $235 million. Pandora is an internet radio and music streaming service. Despite facing tough competition from other music streaming platforms, Pandora remains in the market, offering personalized music experiences to its users. It is one of the companies that had their IPO in 2011.
5. Spirit Airlines
Spirit Airlines went public on May 26, 2011, with around 20.7 million shares listed at a price of $12 per share. The closing price on the first day was $11.55 and the company raised approximately $280 million. Spirit Airlines is a low-cost carrier offering budget-friendly air travel services. As of now, it operates flights to various destinations and continues to explore growth opportunities in the airline industry. It is one of the companies that had their IPO in 2011.
6. GNC Holdings
GNC Holdings had its IPO on April 1, 2011, with approximately 22.5 million shares listed at a price of $16 per share. Shares closed at $16.39 on the first day and the company raised around $360 million. GNC Holdings is a specialty retailer of health and wellness products. The company has faced challenges in the retail sector but remains operational, adapting its business strategies to stay relevant in the health and wellness market. It is one of the companies that had their IPO in 2011.
7. CVR Partners
CVR Partners went public on April 7, 2011, with around 17.5 million shares listed at $16 per share. The closing price on the first day was $17.60 and the company raised approximately $280 million. CVR Partners is a producer of nitrogen fertilizers, serving agricultural markets. Its future growth potential is tied to the agriculture industry’s performance and the demand for fertilizers. It is one of the companies that had their IPO in 2011.
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8. Fusion-io
Fusion-io had its IPO on June 8, 2011, with approximately 12.3 million shares listed at $19 per share. Shares closed at $22.50 on the first day and the company raised around $234 million. Fusion-io provided data storage solutions for businesses. It was acquired by SanDisk in 2014 and its technology continues to be part of Western Digital Corporation’s product offerings. It is one of companies that had their IPO in 2011.
9. Yandex
Yandex went public on May 24, 2011, with around 52.5 million shares listed at $25 per share. The closing price on the first day was $35.10 and the company raised approximately $1.3 billion. Yandex is a Russian multinational technology company known for its internet search engine and other online services. It remains a significant player in the Russian tech market, diversifying its services and exploring new opportunities for growth. It is one of the major companies that had their IPO in 2011.
10. HomeAway
HomeAway had its IPO on June 29, 2011, with approximately 8 million shares listed at a price of $27 per share. Shares closed at $40.71 on the first day, raising around $216 million. HomeAway was a vacation rental marketplace that allowed property owners and travelers to connect. It was later acquired by Expedia Group in 2015 and its services were integrated into the broader vacation rental offerings of the group. It is one of the companies that had their IPO in 2011.
Conclusion
So, here we listed companies that had their IPO in 2011. 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 2011.
Companies that had their IPO in 2011 related FAQs
What is list of Companies that had their IPO in 2011 ?
Some notable Companies that had their IPO in 2011 –
LinkedIn Corp
Groupon
Fusion-io
Yandex
Spirit Airlines
GNC Holdings
Homeaway
Zynga
Pandora
CVR Partners
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
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Disclaimer– This article is only for educational purposes. It is not investing advice.
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