The 565 Companies That Had Their IPO In 1999

With over 560 IPOs in 1999, it was clear the dot-com bubble was heating up.

This resulted in an unprecedented number of internet-based companies hitting the stock exchange.

So in this article, you can expect to learn what actually happened in 1999, which companies went public, how they're doing today, and the companies that have been the most successful since their IPO.

Major world events that happened in 1999 that affected the stock markets

In 1999, many significant world events occurred alongside the notable IPOs of various internet companies. To get a good idea of what was happening in the stock market we first need to know the circumstances and environment surrounding the world in 1999.

Dot-com Bubble: The dot-com bubble reached its peak in 1999 when internet businesses experienced a surge in value, followed by a crash in the early 2000s. The hype around internet companies led to a long list of unnecessary IPOs and many defunct companies in the years to come.

Introduction of The Euro: The euro, the main currency of the Eurozone, was introduced in 1999. The goal was to facilitate economic integration among European Union members. This was another key event that shook up the world, along with financial markets.

NATO Intervention in Kosovo: In 1999, NATO forces intervened militarily in Kosovo, aiming to end the conflict between Yugoslav forces and ethnic Albanian rebels. The intervention resulted in the withdrawal of Yugoslav troops and the establishment of a UN-governed administration in Kosovo.

4 household brands that went public in 1999

1. 1-800-Flowers.com, Inc.

• Country: United States of America
• Stock Exchange: NASDAQ
• Industry: Specialty Retail
• IPO Price: $21
• IPO Date: August 3, 1999

1800Flowers.com is the place to go if you need to send flowers or other gifts to a special person. They're one of the first online florists to exist and still produce strong results today. Their site allows you to buy a range of floral products like plants, and gifts for most occasions, including birthdays, anniversaries, and holidays. The same-day delivery services are connected to a network of local florists to ensure freshness and quality. However, with barriers to eCommerce becoming lower each year they're facing major competition from independent online florist businesses.

2. BlackRock

• Country: United States of America
• Stock Exchange: New York Stock Exchange (NYSE)
• Industry: Asset Management
• IPO Price: $14
• IPO Date: October 1, 1999

BlackRock is considered the largest and most prominent investment management firm globally. They offer risk management services to institutional and retail clients. BlackRock is known for its excessive residential property portfolio. The company has offices in more than 30 countries and serves clients in over 100 countries.

3. Goldman Sachs

• Country: United States of America
• Stock Exchange: New York Stock Exchange (NYSE)
• Industry: Capital Markets
• IPO Price: $53
• IPO Date: May 4, 1999

If you've watched any financial news in the last 20 years then you're probably familiar with Goldman Sachs. They're a famous investment bank that offers financial services to a diversified client base including businesses, financial institutions, governments, and even individuals. At one point they were considered the largest asset managers worldwide.

4. Nvidia

• Country: United States of America
• Stock Exchange: NASDAQ
• Industry: Semiconductors
• IPO Price: $12
• IPO Date: January 22, 1999

Nvidia is a great company that has captured the world's attention recently. With its dominant position in the chip market and groundbreaking achievements in the field of AI, its stock price has been soaring. They design and manufacture graphics processing units (GPUs) for gaming, professional visualization, data science, and artificial intelligence. Nvidia also provides cloud-based services for gaming, streaming, and AI applications. The company is valuable since its GPUs are used to power the world's most advanced computers, enabling them to quickly and accurately process large amounts of data quickly and accurately.

Related: Latest Nivida earnings call.

The 565 companies that had their IPO in 1999

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