Tech Companies Soar in IPOs
Sep 26, 2:06 PM EDT |
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| Shares of computer networking company Riverbed Technology made the third best IPO opening of the year, gaining 57% from the offering price the first day of trading. After a difficult year for tech IPOs with ten delayed offerings, shares of DivX and CommVault also gained in openings on Friday, after pricing at the top or above a forecast range. |
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Nine IPOs are Expected Next Week
Sep 17, 5:12 PM EDT |
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| Ethanol and tech companies finally spurred the IPO activity after the quiet summer months and this week alone there are nine U.S. IPOs on deck. Three technology companies, Riverbed Technology, CommVault Systems and DivX, are expected to draw the most attention. A hundred and twenty nine companies have launched IPOs so far in 2006, and 48% of them are currently trading above their offering price. |
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A Chinese Company Launches The First Autumn IPO
Sep 10, 4:09 PM EDT |
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| Shares of the China-based company New Oriental Education & Technology Group rose 47% on its first day of trading Thursday, a day after pricing above the expected range. After a two-week lull in the market, the Chinese company is the first IPO of the autumn. A hundred and twenty nine companies have launched IPOs so far in 2006, and 47% of them are currently trading above their offering price. |
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New Oriental Education Surges
Sep 08, 5:56 PM EDT |
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| Shares of New Oriental Education & Technology Group Inc., a provider of foreign language instruction in China, rose 47% on its first day of trading Thursday, a day after pricing above the expected range. |
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Blank Checks Support the IPO Market
Sep 03, 5:12 PM EDT |
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| After a two-week lull in the market, New Oriental Education & Technology Group is scheduled to be the first IPO of the autumn. Blank check companies increased the number of initial public offerings to 31 so far this year, compared to 29 for the whole year 2005. A hundred and twenty eight companies have launched IPOs so far in 2006, and 48% of them are currently trading above their offering price. |
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