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The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]
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IPO shares priced at $8.50 per share, or a split-adjusted 9 cents per share.By 1992, Michael Dell had become the youngest CEO of a Fortune 500 company at age 27.Dell hit a peak market cap of $100 ...
The stock had more than quadrupled its IPO price by mid-1987. During the peak of the Dot Com bubble in 2000, Microsoft’s market cap peaked above $600 billion, making it one of the largest ...
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Kramer founded CBS MarketWatch in 1997. [12] He served as the chairman and CEO, and took it public in 1999. [11] In 2005, Dow Jones acquired MarketWatch for more than $500 million. [13] In 2006, Larry Kramer became the president of CBS Digital Media, [14] creating and running the new division. [15]
The stock price has bounced around a bit since the first trading day but is essentially back to about the first day's closing price. Coinbase (COIN) IPO date: April 14* (direct listing) IPO price ...
Wearable fitness tracking company Fitbit held its IPO in June 2015, pricing its shares at $20. Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date ...