How The Biggest Tech IPOs Traded On Their First Day

Snap Inc SNAP 10.66% is making its highly-anticipated market debut Thursday after the company’s IPO priced at $17, higher than anticipated.

The public-market debuts of major Silicon Valley giants can be extremely unpredictable, but they are typically extremely volatile.

According to CNBC’s Carl Quintanilla, the 10 largest U.S. tech IPOs in history have generated an average gain of about 27 percent on their first day of trading. Of course, those gains are based on the IPO price rather than the opening price.

Of the top 10 tech IPOs priced in US, avg 1st-day gain was about 27%.

(via @SPGMarketIntel)

A Look Back

Here’s a look at how some of the largest tech IPOs have finished out their first day of trading:

  • Alibaba Group Holding Ltd BABA 0.12% closed 38 percent above its IPO price.
  • Alphabet Inc GOOGL 0.09% closed 18 percent above its IPO price.
  • Facebook Inc FB 0.3% closed only 0.6 percent above its IPO price.
  • LinkedIn Corp (previously traded NYSELNKD) closed 109 percent above its IPO price.
  • Twilio Inc TWLO 3.93% closed 91 percent above its IPO price.
  • Twitter Inc TWTR 0.25% closed 72 percent above its IPO price.

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