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Fastclick IPO's

$78M raised for Fastclick.

   
6:21 pm on Apr 1, 2005 (gmt 0)

10+ Year Member



Fastclick, a developer of technology that places online ads through pop-ups and banners, went public on the Nasdaq Friday morning. And despite a fair amount of buzz, shares priced at $12, the low-end of their range. After opening at $14.99, the stock quickly sold off and as of late morning, shares were trading at about $12.65, only a 5 percent premium to their offering price.

[money.cnn.com...]

With shares around $12 the company has a market cap of $250M. Considering CJ and Performics were sold for $60M, Fastclick is doing well.

10:05 pm on Apr 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Seems Internet Marketing is not hot anymore in Wallstreet ...
8:52 pm on Apr 6, 2005 (gmt 0)

10+ Year Member



Hmmm, I wonder I tried to sign up with FastClick the other day, but the only options I can see are to sign up as an Advertiser or Ad Agency. There is a link that says "Join" on the publisher page, but it doesn't do anything. Anyone seeing different behaviour? Maybe it's related to the IPO, they didn't want a flood of new publishers?