Facebook raised $16 billion in its initial public offering Thursday, pricing its stock at $38 per share. Its public debut was the most anticipated tech IPO since Google went public in August 2004. After an anxiety-filled half-hour delay, shares began trading Friday on the Nasdaq Stock Market. They closed almost unchanged, at $38.23.
Below is a look at how the stocks of some recently public companies are faring. The companies are all loosely Internet-related, though their businesses vary widely.
_ Yelp Inc., developer of online games, first day of trading on March 2, 2012
Pricing: $15 per share
First-day’s close: $24.58, up 64 percent from IPO price
Friday’s close: $18.64, up 24 percent from IPO price
Trading range since IPO: $19.36 to $31.96
_ Zynga Inc., developer of online games, first day of trading on Dec. 16, 2011
Pricing: $10 per share
First-day close: $9.50, down 5 percent from IPO price
Friday’s close: $7.16, down 28 percent from IPO price
Trading range since IPO: $7.34 to $15.91
_ Jive Software Inc., creator of tools to run social networks for businesses, first day of trading on Dec. 13
Pricing: $12 per share
First-day close: $15.05, up 25 percent from IPO price