George Soros Quantum Fund Investment Portfolio as of Q3/2012
(CRWE, LNKD, PRO, LGF) Stocks in Focus by PennyGovernance.com
GSV Capital Punished for Expanding Facebook Investment
Venture capital firm GSV Capital (NASDAQ: GSVC) will sell an additional 3 million shares of common stock in order to raise funds that it will use to buy interests in Facebook, Twitter, and Kno Inc.. The company will also use the funds to invest in Dropbox, StormWind, DreamBox, Grockit, ZocDoc, and other young internet-based companies.
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.
Facebook filed a highly anticipated five billion dollar IPO last night, which has made the entire social media sector boom today. LinkedIn (NYSE: LNKD) is up nearly 6% and Groupon (NASDAQ: GRPN) is trading up almost 7%. As a result, the Global X Social Media Index Fund ETF (NASDAQ: SOCL), in which aforementioned stocks have a significant weight is up 2.5%.
Is There a Facebook Bubble? Reasons To Be Skeptical About Facebook's IPO
Many analysts, commentators, and pundits may be excited about a Facebook initial public offering (IPO) this year, but I must confess, I am not. Despite the prevailing trend, I believe traders, investors, and everyday individuals may want to think twice before jumping on a Facebook IPO bandwagon.
A Look Back at 2011 Web IPOs and Their Performance
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.
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