Home > Home > Will Kayak IPO roadshow tailgate Facebook next week with a $1B valuation?

Will Kayak IPO roadshow tailgate Facebook next week with a $1B valuation?

05/22/2012| 10:07:31 AM| 中文

A report by CNBC indicated that Kayak’s IPO roadshow could get under way after the Facebook dust has settled, perhaps following Memorial Day, which is May 28.

UPDATE: Facebook’s tepid opening on Nasdaq May 18, with its stock closing at $38.23, just a few cents higher than its $38 pricing and with banks moving in late in the day to buy the stock to ensure it didn’t dip below $38 on its opening day, did nothing to catapult Kayak’s IPO prospects.

The original post follows:

With Facebook slated to price its IPO tonight and debut on Nasdaq on Friday with what could turn out to be a $100 billion valuation, can a much more diminutive, yet still substantive tech play in the form of Kayak follow on Facebook’s heels?

Read full story at: http://www.tnooz.com/2012/05/17/news/will-kayak-ipo-roadshow-tailgate-facebook-next-week-with-a-1b-valuation/

TAGS: Kayak | Facebook | IPO
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