Companies That Had Their IPO in 2010
In 2010, companies like Tesla, Green Dot Corporation, and General Motors marked significant entries among the companies that had their IPO in 2010. In the tech sector, offerings from Tesla, HiSoft, and Qlik Technologies garnered attention. During this period, IPO trade prices fluctuated between a mere $10 and a peak of $22.
The year 2010 was notable for a resurgence of Initial Public Offerings (IPOs) after a lull during the global economic downturn of 2008-2009. Several prominent companies went public that year, capturing significant attention from investors and analysts. Here’s a curated list of some of the notable companies that had their IPO in 2010:
1. Tesla, Inc.
- IPO Date: June 29, 2010
- Industry: Automotive and Energy
- Details: Tesla, the electric car maker headed by Elon Musk, raised over $226 million with its IPO, making it one of the most anticipated public offerings of the year.
2. LinkedIn
- IPO Date: While LinkedIn’s most notable IPO occurred in May 2011, it’s worth mentioning because preparations and buzz began in 2010.
- Industry: Technology and Social Media
- Details: LinkedIn’s IPO was one of the largest tech IPOs at the time, signaling the increasing influence of social media platforms in the market.
3. Molycorp
- IPO Date: July 29, 2010
- Industry: Mining
- Details: Molycorp, a rare-earth minerals company, raised around $394 million during its public offering. Their minerals are used in many high-tech applications, from smartphones to missile systems.
4. RealD Inc.
- IPO Date: July 16, 2010
- Industry: Cinema Technology
- Details: RealD specializes in 3D cinema technology and raised approximately $200 million in its IPO.
5. Qlik Technologies
- IPO Date: July 16, 2010
- Industry: Software
- Details: Qlik, known for its data visualization and analytics products, raised around $112 million during its IPO.
6. Fabrinet
- IPO Date: June 24, 2010
- Industry: Optical and Electronic Manufacturing Services
- Details: Fabrinet raised over $106 million, signaling investor confidence in the tech manufacturing sector.
7. Higher One Holdings
- IPO Date: June 17, 2010
- Industry: Financial Services
- Details: Higher One, providing financial services to college and university campuses, raised approximately $195 million in its IPO.
8. Oasis Petroleum
- IPO Date: June 17, 2010
- Industry: Energy
- Details: Oasis Petroleum, focused on the exploration and production of shale oil, raised over $400 million during its public offering.
Conclusion
2010 marked a significant year for IPOs, with the market starting to recover from the global financial crisis. Companies across various sectors went public, indicating a broad-based revival in investor sentiment and confidence. Some of these companies, like Tesla, have since become industry leaders, shaping market trends and technological advancements in their respective sectors.
