Renaissance Capital logo

Triple digit first day IPO pops in post bubble era

May 19, 2011

LinkedIn (LNKD) is trading up over 100% from its IPO price of $45 in its NYSE debut today. Such a gain was a fairly common occurrence in the dot com years of 1999 and 2000. However, a handful of IPOs have hit that mark in the post bubble era. LinkedIn may be joining the list after its close today.

Top First Day Gains For US listed IPOs Since 2001

Company Name Symbol Offer Date Offer Price First Day
Return
Baidu.comBIDU08/04/05$27.00354%
Youku.comYOKU12/07/10$12.80161%
Qihoo 360 TechnologyQIHU03/29/11$14.50134%
NYMEXNMX11/16/06$59.00125%
JED OilJDO04/05/04$5.50104%
Chipotle Mexican GrillCMG01/25/06$22.00100%
athenahealthATHN09/19/07$18.0097%
ChinaCache InternationalCCIH09/30/10$13.9095%
Under Armour Inc.UA11/17/05$13.0095%
MakeMyTrip LimitedMMYT08/11/10$14.0089%