Kayak Prices IPO at $22 to $25 a Share

Page 1

Kayak's long-awaited $87.5 million initial public offering is finally ready to cast off at $22 to $25 a share. The online travel company dropped its amendedS-1 form Monday morning, in which it disclosed it will offer 4 million shares. The company also reported that for the first fiscal quarter of 2012, it earned $4.1 million on revenues of $73.3 million compared to a $6.9 million loss for the first quarter of 2011. That's a 39 from its IPO Price Yandex, a Russian search engine, raised $1.3 billion when itwent public in May, making it the biggest social media IPO of the year.

2. Zynga (ZNGA) -5 The so-called 'Facebook of China' is way off its $14 IPO price.

4. Groupon (GRPN) +13.1 One of the highlights of the year for social media IPOs, LinkedIn's stock pricesurged on its first day and has held on to much of those gains since May. Image courtesy of Flickr,Adriano Gasparri.

6. Bankrate (RATE) +36.5 Pandora, the music streaming site,opened strong in June, but has fallen off since then.

1/3


8. HomeAway (AWAY) -14.8 Chinese Internet data center service provider 21Vianet Group raised $195 million in April and then saw a steep decline in its stock price.

10. Qihoo 360 Technology (QIHU) +17.9 Another poor performer, Chinese Internet company Tudou is way down from its August debut.

12. Jive Software (JIVE) +27.9 Online content creator Demand opened well in January, but is way down since then.

14. Phoenix New Media (FENG) -51.9 Another latecomer, consumer review website Angie's List, is doing well since going public in November.

16. Jiayuan.com International (DATE) -45.6 on its first day of trading in May.

2/3


17. Zillow (Z) +15.2 Carbonite, a data backup firm, had a successful IPO in August, a brutal month for the market.

19. FriendFinder (FFN) +0.7% FriendFinder, the publisher ofPenthouse magazine and operator of websites like AdultFriendFinder.com and Cams.com, went public in 2011 after backing out from an IPO the year before.

Read more:http://mashable.com/2012/07/09/kayak-prices-ipo/ Kayak Prices IPO at $22 to $25 a Share

3/3 Powered by TCPDF (www.tcpdf.org)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.