Ipo | featured news

The company that makes Fender guitars is going public with a $200 million IPO.

Consumer review website Yelp Inc's shares traded more than 60 percent above their initial public offering price in their market debut on Friday, as investors rushed to buy a piece of the growing local advertising market... Yelp's shares were trading up 62 percent at $24.60 on Friday morning. At that level, the company is valued at about $1.43 billion -- about 17 times its 2011 revenue.

Even with that infusion of money, California's legislative analyst says he thinks state revenue may be billions less than Gov. Brown has forecast. Facebook's eagerly anticipated Wall Street debut could pump nearly $2.5 billion into California coffers over the next five years, the state's top budget analyst said Monday.

It's likely that investors will see a first-day rise in Yelp's shares during its IPO this week, but the ability of the online review site to hold on to those debut gains is debatable.

Don't expect a initial public offering of shares of Twitter anytime soon. CNN is reporting that the company has placed restrictions on employees who hold shares, forcing them to keep 80 percent of the shares they own. The cable news outlet cited company emails about the policy, which has been in effect for a year, and said at least one high-level employee resigned because of the policy....

Without the free content created by its 850 million users, Facebook would surely not be on the verge of a multibillion-dollar initial public offering.

Facebook Inc. could file papers for its initial public offering as early as this coming week, people familiar with the matter said, as anticipation mounts for what is likely to be one of the biggest debuts for a U.S. company.

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday. The highly anticipated IPO will value the world's largest social networking site at between $75 billion and $100 billion, CNBC said, citing The Wall Street Journal as the source.

Zynga Inc., the largest maker of games for Facebook, declined in its first day of trading after raising $1 billion in an initial public offering that gave it a greater valuation than rival Electronic Arts Inc. The shares, listed on the Nasdaq Stock Market under the symbol ZNGA, fell 5 percent to $9.50. The developer of games such as “CityVille,” “FarmVille” and “Mafia Wars” sold 100 million shares for $10 each, the top end of a proposed range.