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On this day 23 years ago, Netscape went public at $28 per share. Where The Market Was ... Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
Aug 9, 2021 · Without the company demonstrating even a hint of profitability, Netscape stock skyrocketed as high as $74.75 per share on its first day of trading before finishing the day at $58.25. The...
- Wayne Duggan
Aug 5, 2005 · That was the day shares of Netscape Communications Inc., maker of the first widely adopted Internet browsing software, more than doubled on their first day of public trading. The... Master...
Shares, priced at $28, shot up to $74.75 mid-day and closed at $58.25. Suddenly, this unprofitable 16-month-old internet startup was worth nearly $3 billion, turning its 24-year-old cofounder ...
Feb 16, 2022 · The stock was supposed to be offered at $14 per share, but it was decided to double the price at the last-minute. During the first day of trading, the stock rose to $75 per share, reaching a...
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Netscape announced in its first press release (13 October 1994) that it would make Navigator available without charge to all non-commercial users, and beta versions of version 1.0 and 1.1 were freely downloadable in November 1994 and March 1995, with the full version 1.0 available in December 1994. [7]