Thu, May 21st, 2009
Online restaurant-reservations system OpenTable Inc. found investors had a hearty appetite for its initial public offering Thursday.
Shares of the San Francisco company opened at $24.50 apiece on the Nasdaq, up 23% from its IPO price of $20. A total of three million shares were sold at prices above its expected range of $16 to $18. The range was increased by $4 earlier this week in response to increased investor demand by underwriter Merrill Lynch.
Related stories from top sites:
No Dine And Dash For opentable
May 19th, 2009 - Forbes.com
BURLINGAME, Calif. -- It would be only fitting that OpenTable investors go out for a nice steak dinner Thursday night. Shares of the online restaurant reservations company debuted Thursday at $24.
Dot-com redux: opentable IPO soars 59% in trading debut
May 19th, 2009 - Los Angeles Times
OpenTable Inc. lived up to its hype: Shares of the online restaurant-reservations company rocketed after they began trading today, following Wednesday’s initial public offering.
Wall Street feasts on opentable IPO
May 19th, 2009 - MarketWatch
NEW YORK (MarketWatch) -- OpenTable Inc. priced its initial public offering at $20 a share for its stock-market debut on Thursday in what is only the second venture-backed deal since August of 2008.
OpenTable IPO prices for $20, above range
May 19th, 2009 - Reuters
(Adds details on IPO, company's financials) NEW YORK, May 20 (Reuters) - OpenTable Inc, which operatesa restaurant reservation system, priced its shares at $20 eachon Wednesday...
OpenTable IPO attracts investors hungry to snap up shares
May 19th, 2009 - Los Angeles Times
This is just what online restaurant-reservations firm OpenTable Inc. wants to see: More hungry customers than it has seats to offer. Apparently strong investor interest...
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Related stories from Digg:
OpenTable readying for IPO - San Francisco Business Times:
OpenTable, the online restaurant reservation service, has filed with the Securities and Exchange Commission that it is seeking an initial public offering with a price of between $12 and $14, the San Jose Mercury News reports. The company said that based on $13 per share, its expecting to reap about $16 million from the offering.(Business & Finance)
ntmcevoySat, May 9th, 20091 Diggs, 0 CommentsBits: Today’s Internet Trend: Local Ratings and Review
MySpace, CitySearch and OpenTable roll out new ways for their users to rate local businesses and share their thoughts with friends.(Tech Industry News)
dnongbriTue, Mar 31st, 20092 Diggs, 0 CommentsOpenTable, Inc. Files for Proposed IPO - reservations?
OpenTable announced today that it has filed a registration statement on the SEC relating to a proposed initial public offering of shares of its common stock. OpenTable provides solutions that form an online network connecting reservation-taking restaurants and people. www.OpenTable.com.(Business & Finance)
norcalcrowdFri, Jan 30th, 20091 Diggs, 0 Comments
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