Performance of Tech IPOs

This story gives us a comprehensive understanding of the initial public offerings (IPOs) of technology and internet companies. It shows how in the history of IPOs, first Google and then Facebook set new highs of IPO market capitalization. In fact, the market capitalization on Facebook’s debut day was so much more than other companies, that resorting to a logarithmic axis gives us a better comparison scope. The story goes on to show how market capitalization of other companies surged on their listing day and how they performed three years later.