Great company creates an old-school frenzy, but it's a one-time deal
(NEWSER) - A hot website goes public, and investors go wild. Shares soar 59% on the first day of trading. “Is this really May 2009?” asks James B. Stewart of SmartMoney. The stock is OpenTable.com, which went public at $20 and is trading just south of $27. "The company seems to have chosen the worst possible time to raise capital," but don't get too excited, Stewart cautions: This probably isn't a turning point for IPOs. More»
