initial public offerings (IPOs) trading on American exchanges

Friday, October 26, 2012

Kayak Software (KYAK) : 3 months later

Workday (WDAY) : 2-week performance

WhiteWave Foods started trading on the NYSE on 26 Oct 2012

Executives and guests of The WhiteWave Foods Company, a consumer packaged food and beverage company with leading brands in plant-based foods and beverages, coffee creamers and beverages and premium dairy products, visit the New York Stock Exchange (NYSE) today to celebrate the company’s initial public offering. WhiteWave’s stock now trades on the NYSE under the ticker symbol “WWAV”. Barclays is the Designated Market Maker.

In honor of the occasion, Chief Executive Officer Gregg L. Engles, joined by members of WhiteWave’s leadership team, rings the NYSE Opening Bell and visits the trading floor to witness the stock opening.

Tuesday, October 16, 2012

Seadrill Partners (SDLP) began trading on the NYSE on 16 Oct 2012

  • Seadrill Partners LLC (NYSE:SDLP) is an MLP formed by the Norwegian offshore oil and gas drilling Seadrill Limited (SDRL)
  • Initial public offering of 8,750,000 common units at a price of $22.00 per unit

Sunday, October 14, 2012

Workday (WDAY) started trading on the NYSE on 12 Oct 2012

Workday (WDAY)  shares traded up 74% to close at $48.69 after pricing at $28 a share, above its range of $24-$26. The stock opened trading at $48.05.

The IPO was drawing so much attention the Pleasanton, Calif.-based company early this week raised its proposed range from $21-$24. Workday offers Web-based applications used by businesses to manage employee records and processes.

Workday is still unprofitable, but its revenue has been growing steadily. For the six-month period ended July 31, the company posted a loss of $47 million, compared with loss of $36 million in the year-earlier period. But its revenue more than doubled to $119.5 million in that same period.

The company was co-founded by Dave Duffield, who also started enterprise software vendor PeopleSoft, which later was bought by Oracle (ORCL) after a hostile takeover battle. Several other PeopleSoft alums are in Workday’s executive ranks.

Dave Duffield addressing PeopleSoft employees in 2005
Eight years ago, Dave Duffield sadly broke the news to his employees at PeopleSoft Inc. that the software company he co-founded 18 years before had lost a hostile takeover battle against Oracle Corp.

Thursday, October 4, 2012

Facebook hits 1 billion users

Since Facebook launched, the social network’s seen 1.13 trillion "likes" and 140.4 billion friend connections. 219 billion photos are currently being shared, while 17 billion check-ins have been made. Since the music listening app launched in September 2011, 62.6 million songs have been played 22 billion times — that's around 210,000 years of music.