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Groupon Stock Plunges on Net Loss

Posted by markb on February 9th, 2012

Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company.

Groupon reported a net fourth-quarter loss of $42.7 million, or 8 cents a share, on sales of $506.5 million.

Echoing the dot-com boom a decade ago, a wave of Internet companies with lots of buzz but shaky business models went public this year. Here's how they've held up.

Demand Media

Ticker: DMD
IPO date: January 26
IPO price: $17
Now trading at: $8.06
Revenue for first 9 months of 2011: $240 million
Loss for first 9 months of 2011: $15 million

Pandora Media, Inc. (NYSE:P) announced financial results for the second quarter of fiscal 2012. Total Revenue: For the second quarter fiscal 2012, total revenue was $67 million, a 117% year over year increase. Advertising revenue was $58.3 million, a 118% year over year increase. Subscription and other revenue was $8.7 million, a 112% year over year increase.

Pandora Stock Surges in its IPO

Posted by PersonalTech on June 15th, 2011

Investors reveled in the chance to buy up shares of Pandora on Wednesday, the latest in what is turning out to be a slew of initial public offerings for unprofitable tech companies.

Pandora files for $100 million IPO

Posted by PersonalTech on February 11th, 2011

NEW YORK (CNNMoney) -- Internet radio site Pandora filed late Friday to raise up to $100 million in an initial public offering.

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