Servicesource International (SREV) started trading on the NASDAQ

ServiceSource International, LLC (ServiceSource) is engaged in service revenue management, providing solutions that drive renewals of maintenance, support and subscription agreements for technology companies. The Company's solution consists of a range of cloud applications, service sales teams working under its customers’ brands and a Service Revenue Intelligence Platform. It provides end-to-end management and optimization of the service contract renewals process, including data management, quoting, selling and service revenue business intelligence.

Its business is built on its pay-for-performance model, whereby customers pay the Company based on renewal sales that it generates on their behalf. As of December 31, 2010, it managed over 100 engagements across 55 customers. The solution consist of its Service Revenue Intelligence Platform, its cloud applications, and its service sales teams. Its scalable solution allows it to sell globally on behalf of its customers in over 30 languages.

GM goes below IPO price

The chart below compares the performance of GM and the Standard & Poor’s 500 Index since Nov. 17, when the shares were sold at $33 apiece as part of an initial public offering. The sale of common and preferred stock totaled $23.1 billion.

Since the beginning of last week, GM has changed hands for less than its IPO price. The stock reached bottom three days ago at $30.65, down 22 percent from its peak on Jan. 6.

“GM needs to earn back investors’ trust,” H. Peter Nesvold, an analyst at Jefferies & Co., wrote today in a report.
Buyer incentives rose in January and February, causing concern that the automaker may be like “a ‘yo-yo dieter’ falling back into bad habits.”
Nesvold, who made Zacks Investment Research’s All-Star Analyst Survey list while at Bear Stearns Cos., began coverage with a “hold” rating. He sees the stock ending the year at $34, the lowest price estimate of analysts surveyed by Bloomberg.

GM’s IPO followed a bankruptcy reorganization with $49.5 billion in government aid. The U.S. Treasury owns 33 percent of the automaker’s shares and needs to sell them for an average of $53.07 each to break even, according to a GM regulatory filing and data compiled by Bloomberg.

Cornerstone OnDemand (CSOD) started trading on the NASDAQ on March 17, 2011

August 2021: Cornerstone OnDemand Inc. was acquired by private equity firm Clearlake Capital Group in a deal estimated to be worth $5.2 billion.

Cornerstone OnDemand, Inc. (Cornerstone OnDemand) is a global provider of learning and talent management solution delivered as software-as-a-service (SaaS). Cornerstone OnDemand offers a learning and talent management solution that its clients use to develop, connect, evaluate and engage their employees, customers, vendors and distributors. Cornerstone OnDemand delivers its solution on-demand to its clients who access it over the Internet using a standard Web browser.

The Company has approximately 4.92 million users across 164 countries and 23 languages. At December 31, 2010, it had approximately 480 clients with approximately 4.92 million registered users in 164 countries. The Company’s solution consists of five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Cornerstone OnDemand also provides consulting services for configuration, integration and training for its solution.