The Bloomberg IPO Index, a measure of the performance of stocks during their first publicly traded year, declined 26% this year, compared with a 5% decline in the Standard & Poor’s 500 Index. According to Renaissance Capital, 41 tech companies went public this year. However, their stocks’ performances have been underwhelming. Tech stocks lost 18% of
Diamond prices have been on the rise during the year. In the first half of 2011, prices rose 40% owing to high demand in the Chinese and Indian markets. Since then, prices have fallen by up to 20% in a six-week period through September. However, the December 2011 Diamond Prices Index of 232.7 was still nearly
Thus far in 2011, many new age Internet companies have filed their respective S-1s hoping to cash in on the Internet stock valuation hype. For those that have already listed, such as LinkedIn, Groupon, and Pandora, their performance on the stock market has left a lot to be desired. The Bloomberg IPO Index, a measure
According to Yippit data, this September daily deals player LivingSocial grew faster than the market leader, Groupon. Groupon’s market share of the U.S. daily deals market slipped to 54% in September from 57% a month ago. During the same period, LivingSocial’s share climbed from 19% to 22%. Growth is partly attributed to the $10 million
Local recommendation site Yelp finally put rumors to rest as they filed their S-1 last month. Yelp did not divulge many details, but the proposed $100 million IPO is estimated to peg their valuation at $1.0 billion-$2.0 billion. Yelp’s IPO is expected in the market by the first quarter of the next year.
For tax software companies like Intuit, the previous quarter may have been a slow one. However, the company is using the slack season to work on improving their mobile presence. Intuit’s connected services include an array of service offerings on Software-as-a-Service, mobile, and other digital devices. Today more than 35 million people use these services,
According to research by Ambient Insight, the global market for online education at schools and businesses is projected to grow from $32.1 billion in 2010 to $50 billion by 2015. Despite rosy projections, tighter government regulations have slowed new student registrations at many for-profit companies. The government restrictions aim to control some of the ways
A Forrester Research report on marketing spending in the United States projects that interactive marketing spending in the country will increase to $77 billion in 2016 from an estimated $34 billion in the current year. In 2011, interactive marketing spend accounts for 18% of overall marketing spending in the country. That share is projected to rise