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Thanks for the source - I had a vague idea of the numbers. I am now trying to find the first week and month performance, because IIRC it went very very well. L

by nikcub 15y ago

Thanks for the source - I had a vague idea of the numbers. I am now trying to find the first week and month performance, because IIRC it went very very well. LinkedIn and Microsoft both listed with similar revenue numbers (adjusted for inflation, $266M for MSFT vs $240M for LinkedIn) except LinkedIn are growing a lot faster, and Microsoft had a 35% net margin with no long term debt (almost all self funded) vs $105M raised by LinkedIn and still in growth/development stage. Very different market caps at list time, but the market fixed that for MSFT over the years afterwards

dstein64 15y ago
Yahoo Finance has the first week and first month prices. According to Yahoo Finance, the first day of trading was March 13, 1986, which is one day earlier than the date that is on the eHow article I linked to. I think March 13 is correct (it matches the date on a file I found on Microsoft's website for calculating the value of shares purchased from IPO: http://www.microsoft.com/investor/Downloads/Stock%20Information/IPOsharecalc.xls http://www.microsoft.com/investor/Downloads/Stock%20Informat...) Here's a link to the Yahoo Finance page I mentioned (prices rounded to quarter of a dollar): http://finance.yahoo.com/q/hp?s=MSFT&a=02&b=13&c=1986&d=03&e=12&f=1986&g=d http://finance.yahoo.com/q/hp?s=MSFT&a=02&b=13&c... According to the numbers on Yahoo Finance, the first week arithmetic return (relative to IPO price, not the opening trade price) was, at close on March 19: (28.25-21) / 21 = 34.5%, and the first month return was, at close on April 11: (28.75-21) / 21 = 36.9%