IPO Activity Heats Up Again
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
Did you lose money on last month's Facebook IPO? How about on Groupon or Zynga? Perhaps something seemed a little off when you logged on to your brokerage account and either couldn't place an order or couldn't get confirmation that your order was placed? Congress couldn't care less.
After Groupon's IPO release on Thursday and its bumpy first day of trading Friday, it's time for ordinary investors to think hard about whether we really want to take the plunge on the coupon company. DailyFinance offers a few expert opinions about whether this daily deal is a winner.
News items to watch next week include Groupon's long-awaited IPO, the release of Take-Two Interactive's Grand Theft Auto V, Dunkin' Brands second-ever quarterly report, and more from car rental companies to satellite radio.
Groupon's IPO is finally on track. The daily-deals leader will settle for a smaller offering than it had envisioned, but it should go public by the end of next week. But there are more ways than the IPO to bet on the Groupon flash sale model: Consider these dot-com smarties that are all over the niche.
It's fitting that Groupon -- the daily deals leader that at one time was valued as high as $20 billion -- is finally gearing up to go public at a discount. Its IPO will give it a market capitalization of less than $12 billion. The flash sale specialist is also selling fewer shares to the public, a move that will make it easier to pull off this deal in this iffy climate.
Zillow's stock more than tripled after its IPO Wednesday, then fell back to settle up a mere 79% at the close. Initial public offerings have become a way to make huge profits in the market, if investors have the stomach for extreme risk -- and the access to buy in.
Looks like rough sailing ahead: Moody's warned the GOP that its game of chicken with the debt ceiling risked a downgrade of U.S. debt. But there are some things that investors can look forward to.
Facebook dipped a big toe into the group-buying waters on Tuesday, launching a test of its Deals on Facebook service. But though it's coming late to the game, analysts and merchants say they won't be surprised if the social networking titan soon poses a viable threat to market leaders Groupon and LivingSocial.
Although he says he's "not exactly certain what" Groupon's appeal is, Jason Child has plenty of possibilities. And he's certain that even given the online coupon company's explosive growth, there's plenty of room for further expansion. But don't expect an IPO anytime soon.
Groupon is planning an initial public offering that would value the three-year-old online coupon distribution site at as much as $15 billion -- more than double what Google reportedly bid on the company last year -- The New York Times reported.
New reports say Groupon could go public by the end of 2011, around the same time a Facebook IPO is expected. But even if they both priced their IPOs on the same day, there would be no shortage of funding because IPO-starved investors are raring to go.
Groupon has turned down Google's acquisition offer of roughly $6 billion. It might be holding out for more money, but columnist Alex Salkever thinks it's more likely to be aiming for a big IPO. Here's why he believes its offering could launch a whole new wave of Internet IPOs.











