The 132 IPOs that debuted in 2013 have raised $28.6 billion and produced an average return of 34%, according to data from Renaissance Capital. Approximately 22 of these have been technology deals. Now, there’s a another in the works with Twitter, announcing via a Tweet, that they are planning on filing.
We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
— Twitter (@twitter) September 12, 2013
You can conduct in-depth analysis of your favorite stocks and ETFs with TradingMarkets Analytics and the TradingMarkets Screener. Take a look at some examples of recent IPOs:
- GRPN Groupon Inc: Compound Annual Return of 140.54% in 2013.
- LNKD Linkedin: Compound Annual Return of 117.38% in 2013.
- fb Facebook Inc: Compound Annual Return of 66.44% in 2013.
- ZNGA Zynga Inc.: Compound Annual Return of 30.49% in 2013.
Users can also access stocks and ETFs that meet their criteria intraday with the TradingMarkets Live Screener. If you are interested in learning more about the TradingMarkets Live Screener or would like to start a 5-day free trial, please click here.
Twitter will be trading under the TWTR symbol. We will post an update once TWTR is available on TradingMarkets Analytics.
For now take a look at Nick Bilton’s book Hatching Twitter about the One Hundred Forty + Four characters that started a revolution.
“No, you didn’t invent Twitter,” Ev replied. “I didn’t invent Twitter either. Neither did Biz. People don’t invent things on the Internet. They simply expand on an idea that already exists.”