OpenTable Brings (False) Hope for IPOs

Great company creates an old-school frenzy, but it's a one-time deal

By Kevin Spak, Newser Staff

Posted May 27, 2009 1:21 PM CDT

(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... Read full story »

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OpenTable Brings (False) Hope for IPOs

Great company creates an old-school frenzy, but it's a one-time deal

stock market • OpenTable • IPO • restaurant industry

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