Companies That Had Their IPO in 2014

Introduction

Initial Public Offerings are a major milestone in the worlds of finance and investing. They allow companies to raise capital or expand their market reach. In 2014, several notable IPOs caught the attention of both investors and industry experts. This article will explore the journeys of the companies that had their IPOs in 2014. We will examine their backgrounds, their successes, their challenges, and their impact on the market. Join us on a fascinating journey through the world IPOs.

Alibaba -BABA

• IPO Date: Sept. 19, 2014
• IPO Price: $68
• Stock Price as of June 23: $86.98
• Return Since IPO: +22%

GoPro -GPRO

•  IPO Date: June 25, 2014  
•  IPO Price: $24  
•  Stock Price as of June 23: $4.13  
•  Return Since IPO: -80%

Virgin America -VA

• IPO Date: Nov. 13, 2014
• IPO Price: $23
• Stock Price as of June 23: N/A
• Return Since IPO: N/A

LendingClub -LC

• IPO Date: Dec. 10, 2014
• IPO Price: $15
• Stock Price as of June 23: $9.49
• Return Since IPO: -48%

Grubhub -GRUB

•  IPO Date: April 4, 2014  
•  IPO Price: $26  
•  Stock Price as of June 23: $10.40  
•  Return Since IPO: -62%

TrueCar -TRUE

•  IPO Date: May 16, 2014  
•  IPO Price: $9  
•  Stock Price as of June 23: $2.13  
•  Return Since IPO: -70%

Coupons.com, Now Quotient Technology -QUOT

• IPO Date: March 7, 2014
• IPO Price: $16
• Stock Price as of June 23: $3.90
• Return Since IPO: -80%

Synchrony Financial -SYF

•  IPO Date: July 31, 2014  
•  IPO Price: $23  
•  Stock Price as of June 23: $32.57 
•  Return Since IPO: +24%

Zendesk- ZEN

• IPO Date: May 15, 2014
• IPO Price: $9
• Stock Price as of June 23: $77.70
• Return Since IPO: +745%

Ultragenyx -RARE

• IPO Date: Jan. 30, 2014
• IPO Price: $21
• Stock Price as of June 23: $52.90
• Return Since IPO: +120%

OVERVIEW

Alibaba -BABA

Amazon is often referred to as China’s version of Alibaba . It was only natural that the online marketplace, which is popular in the U.S. as well as its expansion plan through acquisitions of U.S.-based companies, would go public at the New York Stock Exchange.

Alibaba Stock, like many other e-commerce websites, peaked at the height of pandemic. It traded for more than 300 per share. It’s only a little above its IPO value as of September 26. This is after avoiding difficulties with the U.S. Securities and Exchange Commission and putting the NYSE at risk.

Zacks rates the stock as a value with a “hold” rating, regardless of whether you bought it during the IPO, or later.

GoPro -GPRO

GoPro Inc. is a maker of wearable cameras that are perfect for weekend adventurers and athletes. It went public in summer 2014 at $24 a share. Since then, however, the stock price has fallen faster than a skier down a black double-diamond slope. 

The company’s products seem to have found a niche, which could lead to a bright future. New models at affordable prices may also open up new markets. Wall Street investors are bullish about GoPro because of its new subscription model, which offers customers discounts on products, livestreaming features and unlimited cloud storage.

Virgin America -VA

Virgin America Inc., a budget airline owned in part by Richard Branson and listed on Nasdaq at $23 a share, became public in 2014. The stock was sold for a price just below the expected maximum range. 13.1 million shares of Virgin America Inc. were sold to investors. Branson retained a stake of 24.8% in the company following the IPO. Cyrus Capital Partners, meanwhile, held 32.8%.

Alaska Air Group purchased Virgin America in 2016 for $2.6 billion. Alaska Air Group gave Virgin America shareholders $57 in cash per share, which is more than twice the IPO price.

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LendingClub -LC

LendingClub is an online marketplace which connects borrowers and investors. It went public in 2014 at a price of $15 per share. Within a week, the stock soared to over $120. LendingClub generated gross revenues of more than one billion dollars.

Investors rate LendingClub as a Buy despite the fact that it is currently below its IPO. You may wish to hold on for better days ahead if you made an investment in 2014. MarketBeat reports that analysts have given it an average target price for the next 12 months of $37.40.

Grubhub -GRUB

Grubhub was launched in April 2014. It had been a leader of online food delivery services for a decade. After the rise of online food delivery during the pandemic the company is still among the industry leaders, but behind DoorDash. Gridwise reports that DoorDash had 53% in 2021 and Grubhub 21%. Just Eat Takeaway.com (the parent company of Grubhub) delisted its stock from Nasdaq in 2022, to cut costs and reduce the management burden.

TrueCar -TRUE

TrueCar is an automotive online marketplace founded in February of 2005. It connects customers with dealers offering both new and pre-owned vehicles across the U.S. Sam’s Club is one of the partners in this marketplace, along with American Express. Navy Federal Credit Union. Just $9 was raised in the IPO, less than what had been expected. Stocks are now close to their 52-week-low of $1.51, after reaching a high in September 2014 above $25..

Coupons.com, Now Quotient Technology -QUOT

Coupons.com was off to a good start. The company’s first trading day on 7 March 2014 saw a jump from $16 up to $30. Customers can use the website to either print out digital coupons or display them on their phones to receive savings. The concept was considered a cutting-edge concept of the day, combining online discounts with traditional brick-and mortar shopping. Investors were attracted to the idea because it had a high potential for growth.

Coupons.com Inc.’s name and ticker symbols changed in 2015. Quotient Technology (traded on the NYSE as QUOT) isn’t faring well compared to other names in the technology sector on this page and currently trades at a little over $2. MarketBeat doesn’t rate it as a “buy” even with that.

Synchrony Financial -SYF

Synchrony Financial, a private label credit card provider in the U.S.A. is one of the largest. In 2014, the company was listed on NYSE for $23 per share.

If they had held on for the long term, early investors would have made gains. The company reached its all-time peak of $52 per share by 2021. Stocks are currently in a bear market and have fallen to under $30 on Sept. 26. Yahoo Finance reports that analysts are optimistic about the stock and have given it an average target price for 12 months of around $40. The credit card company will benefit from consumers’ increased dependence on credit due to inflation and rising interest rates.

Zendesk- ZEN

Zendesk is a software-as-a-service company for enterprise-level customers who need cloud-based help desk management, customer service, customer relationship management solutions and more. You could have a nice nest-egg if you had invested in Zendesk in 2014 and kept the stock.

Zendesk’s stock grew from $9 to $16.25 just days after it went public and has continued to rise as a trend. Zendesk, which was worth more than $75 per stock as of September 26, has been steadily growing but is now on a slight downward trend along with the S&P 500. CNN Business reports that investors are currently rating it as “hold”.

Ultragenyx -RARE

Ultragenyx launched its IPO on January 30, 2014. The price was $21 per share. The stock price had soared to $130 by July 2015. Focusing on innovative treatments for those with rare and ultrarare diseases, the biopharmaceutical firm has carved out a niche in medicine that is unique and significant. 

The stock is currently trading below $40, which is very close to the 52-week low. MarketBeat reports that analysts are recommending this stock as a “buy” because of its high growth. If you bought during the IPO you have a good investment considering the long-term potential of the company and its importance in gene therapies.

Frequently Asked Questions (FAQs)

Which company had the largest IPO in 2014 in the USA?

The largest IPO in 2014 in the USA was conducted by Alibaba Group Holding Ltd, raising a record-breaking $25 billion.

What is the significance of IPOs in the business world?

IPOs serve as crucial events for companies, allowing them to raise capital from the public markets and expand their operations. They also provide opportunities for investors to participate in a company’s growth.

Did GoPro’s IPO have a positive impact on the company’s growth?

Yes, GoPro’s IPO provided the company with the necessary capital to invest in product development, marketing, and expanding its market reach. It played a significant role in driving GoPro’s growth.

What impact did King’s IPO have on the gaming industry?

King’s IPO brought attention to the potential of the mobile gaming industry and increased investor interest in gaming companies. It contributed to the overall growth and development of the gaming industry.

How did Grubhub’s IPO impact the food delivery industry?

Grubhub’s IPO highlighted the growing prominence of online food ordering and delivery services. It paved the way for the emergence of numerous food delivery startups and contributed to the overall growth of the industry.

Can the IPOs of 2014 be considered as turning points in their respective industries?

Yes, the IPOs of Alibaba, GoPro, King, and Grubhub in 2014 marked significant milestones and contributed to the transformation and growth of their respective industries.

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