equity line faq, truth in lending act ,Loans in news - LOANSinNEWS.com news.
-
Related Links
-
Categories
equity line faq on sale
equity line faq news
LinkedIn, Zillow, Pandora take a drubbing; cast pall on IPOs
The drubbing given to freshly minted IPOs LinkedIn (LNKD) , Zillow (Z) and Pandora (P) caused some venture capitalists and market analysts to wonder if the nascent Internet bubble is about to pop and whether expected public offerings for Zynga, Groupon and, possibly, Facebook are in trouble.
"The sound you just heard was the IPO window slamming shut," said Geoff Yang, a partner at Redpoint Ventures , an investor in vacation rental site HomeAway, which went public this year.
Monday marked the first day of trading since Standard & Poor's downgraded the United States' AAA credit rating. Shares of professional social network LinkedIn plunged 17%, to $75.47. Internet radio company Pandora tumbled 8% to $12.49. Real estate website Zillow crumbled 7% to $26.09. That came as the Dow skidded 635 points.
Source: USA Today