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Criteo S Stock Jumped From 31 To 45 Cheap Leroy Hill Jersey

Oct 31st 2013 at 7:52 PM

Criteo s ambitious stock offering followed the successful ad tech path already blazed by. Today, after to buy shares in its public offering, criteo s stock jumped from $31 to $45.The stock is now at $39, closer to a 25 percent rise, settling down since it shot up at the start of the day.At the current stock price, criteo is valued at about $2.15 billion.Currently, the company is worth about $2.3 billion based on the rising share price. The ad tech firm, which delivers 25, 000 impressions a second across the web mostly for e-Commerce clients, is the latest to turn to wall street to go public and raise money. In september, rocket fuel had the most successful initial public offering of 2013 in which its stock nearly doubled on day one. France-Based criteo, which listed on the nasdaq exchange, raised about $220 million selling shares at the initial price of $31. Rocketfuel s stock went Cheap Leroy Hill Jersey from $29 to $56.10 in its debut, raising $116 million for the company and reaching a valuation of about $1.8 billion. In revenue last quarter, which represented about 55 percent growth from september 2012. The company says it generates 1.5 billion clicks Sean Weatherspoon Jerseys a year through its targeted display ads. Costs have been rising, however, and criteo posted a $6.8 million loss in the first six months of the year. Other ad tech newcomers that have gone public this year include and, but their stocks are currently trading below their initial offering prices.

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