Shares of Tableau still surging after strong IPO, now valued near $2B

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Everyone is talking about Yahoo’s big buy of Tumblr for $1.1 billion in cash. It’s a sexy story, in part because Yahoo is trying to revive itself with the ultra-hip New York online media powerhouse. But I am still watching the aftermath of Tableau’s blockbuster initial public offering. After pricing shares last Thursday night at $31,… Read More…

Shares of Tableau Software surge more than 50% as IPO sparkles on Wall Street

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Tableau Software is starting on the New York Stock Exchange today with a bang. After pricing its initial public offering Thursday night at $31, the stock took off in early-morning trading. Shares jumped more than 50 percent, with the stock now trading at more than $47 per share. Tableau, a Seattle-based maker of data visualization… Read More…

Apple surges to No. 6 on Fortune 500 list, the only tech company in the top 10

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Apple is already considered the biggest company on the planet in terms of market value — clocking in at $433 billion despite a 13 percent stock slide so far this year. But the maker of iPads and iPhones also is surging up the charts when it comes to the Fortune 500, which ranks corporations by… Read More…

Microsoft, other tech stocks surge as Nasdaq hits high

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The week is starting out well for many tech stocks, with Microsoft gaining more than two percent and Apple — which has been battered so far this year — up more than three percent. The tech-heavy Nasdaq also is doing well, up nearly a percent at 3,311. That’s a 12-year high, according to Marketwatch. Meanwhile,… Read More…

OK, we still don’t really get why Zillow was removed from the Nasdaq Internet Index (and Trulia was added)

[Photo via Julien Gong Min]

I was perplexed earlier this week when NASDAQ OMX Group announced plans to remove Zillow from the NASDAQ Internet Index — noting that the publicly-traded Seattle online real estate company was no longer considered an Internet company. Now, here’s where the story took a bizarre turn. At the same time that Nasdaq dropped Zillow, it added Trulia to the… Read More…

Zillow shares top $50 as Trulia looks to add to war chest for acquisitions

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Zillow has been one step ahead Trulia since the early days — beating its longtime rival to market with an automated home valuation service; releasing mobile apps first and, most importantly, with an initial public offering in July 2011. Zillow also was first to raise additional cash in the public markets, raising $147 million in… Read More…

The top tech stocks of 2012: Shares of Expedia take off

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Super computers. Online travel. And marketing tools for real estate agents. Those were the hot segments in the Seattle tech sector in 2012 as Cray, Expedia and Market Leader each saw their stock prices more than double. Generally speaking, it was a solid year for tech stocks, with the Nasdaq up 14 percent on the… Read More…

Marc Andreessen says Wall Street really hates tech stocks: What do you think?

Marc Andreessen (Photo via Wikipedia)

Venture capitalist Marc Andreessen is making headlines today for comments he made at a tech conference hosted by The New York Times in which he said that some technology stocks are undervalued. The Netscape founder noted that the values of some tech companies, like Google, are grossly undervalued and that there’s a negative perception on… Read More…

Cramer vs. Cramer: ‘Mad Money’ host changes his tune on Zillow

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CNBC talk show host Jim Cramer is known for his loud and outrageous on-screen antics, and earlier this week the “Mad Money” host turned his attention to three real estate companies that recently completed IPOs: Zillow, Trulia and Realogy. Cramer is pretty adamant that investors should avoid Zillow and Trulia, instead taking a closer look… Read More…