Bazaarvoice, Proto Labs surge in market debuts

Feb 24, 2012 By ALEX VEIGA , AP Business Writer

(AP) -- A splashy Wall Street debut by Bazaarvoice Inc. and Proto Labs Inc. is the latest sign that investor appetite for initial public offerings has rebounded after a dismal IPO market in 2011.

Social commerce site Bazaarvoice and custom parts manufacturer Proto Labs each drew strong demand for their stocks in their first day of trading on Friday.

Proto Labs' shares surged 81 percent from its opening price of $16 to end regular trading at $29.

Shares of Bazaarvoice opened at $12 and climbed 38 percent to $16.51.

IPO watchers say the companies' reflects an improving climate for IPOs this year.

They point to the flirting with 13,000 the past two weeks and say IPOs are being priced lower to lure investors.

Explore further: 2012 movie massacre hung over 'Interview' decision

not rated yet
add to favorites email to friend print save as pdf

Related Stories

LinkedIn's IPO priced at $45 a share

May 18, 2011

(AP) -- LinkedIn priced its IPO at $45 per share to set up the first stock market debut among a fraternity of Internet networking services that's captivating investors.

Zynga plans to raise up to $1.15B in IPO

Dec 02, 2011

(AP) -- Online game maker Zynga says it plans to raise up to $1.15 billion in an initial public offering of 115 million shares in the latest in a spate of Internet IPOs

Jive Software shares soar in public debut

Dec 13, 2011

(AP) -- Shares of Jive Software Inc., which makes Facebook-type social networks for businesses, soared in their public debut Tuesday after the company priced its initial public offering above expectations, raising $161 million.

Fusion-io shares jump in market debut

Jun 09, 2011

(AP) -- Shares of Fusion-io, a maker of fast, chip-based "hard drives" for servers, are climbing in their market debut after the initial public offering priced above expectations.

Internet stock slips raise fears of new bubble

Nov 30, 2011

Quick cooling of hot stock market debuts by Internet darlings such as Groupon has fed fears of another speculative bubble as social networking star Facebook prepares to go public.

Recommended for you

Sony faces 4th ex-employee lawsuit over hack

1 hour ago

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

2 hours ago

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

15 hours ago

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

Clooney slams skittish Hollywood after Sony hack

22 hours ago

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.