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NetSuite IPO Brings Market Early Christmas Gift

Ellison-backed software provider sees its price soar 36.5%

By Jim O'Neill, Newser User

Posted Dec 21, 2007 6:19 AM CST

(Newser) – Online software provider NetSuite reminded Wall Street of the good old days yesterday as the year’s final IPO scored a 36.5% increase over its opening price, reaching $35.50 by the NYSE closing bell, reports the Wall Street Journal. The company, backed by... Read full story »

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NetSuite IPO Brings Market Early Christmas Gift

Ellison-backed software provider sees its price soar 36.5%

Larry Ellison • NetSuite • IPO

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More Newser Stories

NetSuite Doubles IPO Price

Surge of interest sees the price for the on-demand software vendor soar to $26

Ellison-Backed IPO Wraps '07

NetSuite's auction format puts off some investors

Netsuite Hopes for $99M in IPO

Ellison has moved decisively to silence conflict-of-interest criticisms

With IPO, Ellison Walks $500M Tightrope

NetSuite offering reveals Oracle chief's major stake in rival

Web 2.0 Firms Taking Slower Route to IPOs

The new business model calls for a 'slow and easy' approach to going public

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