In 2011, it seemed like a year of widespread resistance and upheaval.
From the Arab Spring to the Occupy Wall Street movement, the people were fighting back.
The world was ablaze with activity, and this extended to the stock market, which experienced notable bouts of volatility.
However, over 160 companies still went public, some of which experienced significant growth. So keep reading to find out which companies had their IPO in 2011 and how they're performing today.
Major world events that happened in 2011 that affected the stock markets
Arab Spring: In 2011 there were a series of protests spread across several Middle Eastern and North African countries, including Tunisia, Egypt, Libya, and Syria. These events led to political instability and regime changes in some of the nations.
Fukushima Daiichi nuclear disaster: On 11 March 2011, an earthquake and tsunami struck Japan, causing a catastrophic failure at the Fukushima Daiichi nuclear power plant. The incident led to a nuclear meltdown, the release of radioactive materials, and a significant impact on Japan's energy policies. As you can imagine, this had a ripple effect on global financial markets.
Occupy Wall Street: Another protest movement emerged in New York to highlight income inequality, corporate influence, and social injustice. It quickly spread to other cities in the United States and eventually worldwide.
Top five most notable companies that went public in 2011
1. Groupon
- Country: United States of America
- Stock Exchange: NASDAQ
- Industry: Internet Content & Information
- IPO Price: $20
- IPO Date: November 4, 2011
If you're a deal hunter like me then you've probably heard of Groupon. But for those that don't know, Groupon is an online marketplace that connects customers with local businesses through daily discount deals and coupons. Customers can purchase vouchers for restaurants, spas, activities, and more. Since the IPO Groupon has faced an increasingly competitive landscape with new entrants appearing each year, but has still managed to keep market share.
2. LinkedIn (Acquired by Microsoft)
- Country: United States of America
- Stock Exchange: New York Stock Exchange (NYSE)
- Industry: Internet Content & Information
- IPO Price: $45
- IPO Date: May 19, 2011
If you're a white-collar worker like me, you probably spend too much time trawling LinkedIn. But if you're not, LinkedIn is a professional networking platform that helps people connect with other professionals, find jobs, and stay updated with industry news. It allows users to create profiles, search for jobs, join groups, and follow companies. In 2016 Microsoft acquired LinkedIn for $26.2 Billion.
3. Yandex
- Country: United States of America
- Stock Exchange: NASDAQ
- Industry: Internet Content & Information
- IPO Price: $22
- IPO Date: May 24, 2011
When you hear the word “Google” you think of a search engine. Although, when you hear the word “Yandex” you're confused. Whilst Google and Yandex are very similar, Yandex is a smaller and less advanced search engine. Although Yandex is still the largest tech company in Russia and the fourth-largest search engine in the world. The company provides various internet-related services and products, including search engines, maps, navigation, ride-hailing, food delivery, and e-commerce. It also offers cloud storage, music streaming, and online advertising services.
4. Zillow Group
- Country: United States of America
- Stock Exchange: NASDAQ
- Industry: Internet Content & Information
- IPO Price: $20
- IPO Date: April 18, 2011
Zillow is a leading real estate and rental marketplace dedicated to helping customers buy, sell and rent their property. It also offers a comprehensive suite of tools to help people find and move into their perfect home. Zillow also sells the underlying technology, data, and services to real estate professionals. The company operates a portfolio of brands including Zillow, Trulia, StreetEasy, HotPads, Naked Apartments, RealEstate.com, Out East, and RentJuice.
5. Zynga
- Country: United States of America
- Stock Exchange: NASDAQ
- Industry: Video Games
- IPO Price: $10
- IPO Date: July 1, 2011
Zynga was the powerhouse behind the famous Facebook game Word with Friends and FarmVille, which had 34 million daily users at its peak. Beyond FarmVille, they're still a leading provider of social game services. Zynga develops, markets, and operates social games as live services played on mobile platforms such as iOS, Android, and Facebook. Zynga was acquired by Take-Two for $12.7 Billion in 2022.
All 162 companies that had their IPO in 2011
| Company Name | Year Founded | Ticker Code | Current Status |
|---|---|---|---|
| 21Vianet Group Inc | 1999 | VNET | Active |
| AcelRx Pharmaceuticals Inc | 2005 | ACRX | Active |
| Adecoagro SA | 2002 | AGRO | Active |
| AG Mortgage Investment Trust | -99 | MITT | Active |
| Air Lease Corp | 2010 | AL | Active |
| American Assets Trust Inc | 2010 | AAT | Active |
| American Capital Mortgage | -99 | MTGE | Active |
| American Midstream Partners LP | 2009 | AMID | Bankrupt |
| American Rlty Capital Ppty Inc | 2010 | ARCP | Bankrupt |
| Anchor Bancorp | 1907 | ANCB | Active |
| Angie's List Inc | 1995 | ANGI | Acquired by ANGI Homeservices Inc. |
| Apollo Global Management LLC | 1990 | APO | Active |
| Apollo Residential Mortgage | -99 | AMTG | Inactive |
| Apollo Senior Floating Rate | -99 | AFT | Active |
| Arcos Dorados Holdings Inc | 1967 | ARCO | Active |
| ASB Bancorp Inc | 2011 | ASBB | Active |
| Avenue Income Credit | 2010 | ACP | Active |
| Bankrate Inc | 1976 | RATE | Active |
| BankUnited Inc | 2009 | BKU | Active |
| BCD Semiconductor Mnfg Ltd | 2000 | BCDS | Acquired by Diodes Inc. |
| BG Medicine Inc | 2000 | BGMD | Inactive |
| BlackRock Resources & Commodit | -99 | BCX | Active |
| BlackRock Utility & Infrastruc | -99 | BUI | Active |
| Blackstone / GSO Long-Short | -99 | BGX | Active |
| Boingo Wireless Inc | 2001 | WIFI | Active |
| Bonanza Creek Energy Inc | 2006 | BCEI | Active |
| Box Ships Inc | 2010 | TEU | Active |
| Brookfield Global Listed Infra | 2011 | INF | Active |
| BSB Bancorp Inc | 2011 | BLMT | Active |
| C&J Energy Services Inc | 1997 | CJES | Active |
| Carbonite Inc | 2006 | CARB | Acquired by OpenText |
| Carroll Bancorp Inc | -99 | CROL | Active |
| Chesapeake Granite Wash Trust | -99 | CHKR | Active |
| China Century Dragon Media Inc | 2007 | CDM | Active |
| China Zenix Auto International | 2003 | ZX | Active |
| ClearBridge Energy MLP Opport | 2011 | EMO | Active |
| Clovis Oncology Inc | 2009 | CLVS | Active |
| Compressco Partners LP | -99 | GSJK | Active |
| Cornerstone OnDemand Inc | 1999 | CSOD | Active |
| CVR Partners LP | 2007 | UAN | Active |
| Delphi Automotive PLC | 1964 | DLPH | Acquired by Aptiv. |
| Demand Media Inc | 2006 | DMD | Active |
| Digital Domain Media Group Inc | 1993 | DDMG | Active |
| Duff & Phelps Global Utility I | -99 | DPG | Active |
| Dunkin Brands Group Inc | 1950 | DNKN | Active |
| Ellie Mae Inc | 1997 | ELLI | Acquired by Intercontinental Exchange (ICE) |
| Endocyte Inc | 1995 | ECYT | Acquired by Novartis. |
| Enduro Royalty Trust | 2011 | NDRO | Active |
| Epocrates Inc | 1998 | EPOC | Active |
| Fidus Investment Corp | 2011 | FDUS | Active |
| First Connecticut Bancorp Inc | 1851 | FBNK | Acquired by Webster Bank |
| First Trust Energy Infrastruct | 2011 | FIF | Active |
| Fluidigm Corp | 1999 | FLDM | Active |
| Francesca's Holdings Corp | 1999 | FRAN | Bankrupt |
| Franklin Financial Corp | -99 | FRNK | Active |
| Fraternity Community Bancorp | -99 | FRTR | Inactive |
| Freescale Semiconductor Hldg I | 1949 | FSL | Acquired by NXP Semiconductors |
| FriendFinder Networks Inc | 2004 | FFN | Active |
| Fusion-io Inc | 2005 | FIO | Acquired by SanDisk. |
| Gabelli Nat Res, Gold & Inc Tr | -99 | GNT | Active |
| Gevo Inc | 2005 | GEVO | Active |
| GNC Holdings Inc | 1935 | GNC | Bankrupt |
| Golar LNG Partners LP | 2007 | GMLP | Active |
| Groupon Inc | 2008 | GRPN | Active |
| Guggenheim Equal Weight Enh | 2011 | GEQ | Active |
| HCA Holdings Inc | 1968 | HCA | Active |
| HomeAway Inc | 2005 | AWAY | Acquired by Expedia. |
| Horizon Pharma Inc | 2010 | HZNP | Active |
| IF Bancorp Inc | -99 | IROQ | Active |
| Imperial Holdings Inc | 2006 | IFT | Acquired by Autonation |
| Imperva Inc | 2002 | IMPV | Acquired by Thoma Bravo |
| Inergy Midstream LP | -99 | NRGM | Acquired |
| ING Emerging Markets High | -99 | IHD | Active |
| Intermolecular Inc | 2004 | IMI | Acquired by Merck KGaA. |
| InterXion Holding NV | 1998 | INXN | Acquired by Digital Realty Trust. |
| InvenSense Inc | 2003 | INVN | Acquired by TDK |
| Jiayuan.com International Ltd | 2003 | DATE | Active |
| Jive Software Inc | 2001 | JIVE | Acquired by Aurea |
| John Hancock Hedged Equity | -99 | HEQ | Active |
| Keating Capital Inc | -99 | KIPO | Active |
| Kinder Morgan Inc | 1992 | KMI | Active |
| KiOR Inc | 2007 | KIOR | Bankrupt |
| Kips Bay Medical Inc | 2007 | KIPS | Inactive |
| Kosmos Energy Ltd | 2003 | KOS | Active |
| Laredo Petroleum Holdings Inc | 2006 | LPI | Active |
| LinkedIn Corp | 2003 | LNKD | Acquired by Microsoft. |
| Lone Pine Resources Inc | 2010 | LPR | Bankrupt |
| LRR Energy LP | 2011 | LRE | Inactive |
| MagnaChip Semiconductor Corp | 1981 | MX | Active |
| Manning & Napier Inc | 1970 | MN | Active |
| Mattress Firm Holding Corp | 1986 | MFRM | Bankrupt |
| Medley Capital Corp | 2010 | MCC | Acquired |
| Memorial Production Prtnrs LP | 2008 | MEMP | Bankrupt |
| Michael Kors Holdings Ltd | 1981 | KORS | Active |
| Mid-Con Energy Partners LP | -99 | MCEP | Active |
| NeoPhotonics Corp | 1993 | NPTN | Active |
| NetQin Mobile Inc | 2005 | NQ | Acquired |
| New Mountain Finance Corp | 2010 | NMFC | Active |
| NewLink Genetics Corp | 1999 | NLNK | Active |
| NeXt Innovation Corp | 2010 | GSVC | Active |
| NGL Energy Partners LP | 2010 | NGL | Active |
| Nielsen Holdings NV | 1923 | NLSN | Active |
| Nuveen Energy MLP Total Return | 2010 | JMF | Active |
| Nuveen Short Duration Credit O | 2011 | JSD | Active |
| Oconee Federal Financial Corp | 1924 | OFED | Active |
| Oiltanking Partners LP | 2011 | OILT | Active |
| Oxford Lane Capital Corp | -99 | OXLC | Active |
| Pacira Pharmaceuticals Inc | 2006 | PCRX | Active |
| Pandora Media Inc | 2000 | P | Acquired by SiriusXM |
| PennantPark Floating Rate | 2010 | PFLT | Active |
| Phoenix New Media Ltd | 2007 | FENG | Active |
| Preferred Apartment Communitie | 2009 | APTS | Active |
| Qihoo 360 Technology Co Ltd | 2005 | QIHU | Active |
| Renren Inc | 2002 | RENN | Active |
| Rentech Nitrogen Partners LP | 2011 | RNF | Inactive |
| Responsys Inc | 1998 | MKTG | Acquired by Oracle. |
| RLJ Lodging Trust | 2011 | RLJ | Active |
| Rose Rock Midstream LP | -99 | RRMS | Acquired |
| RPX Corp | 2008 | RPXC | Acquired by HGGC |
| Sagent Pharmaceuticals Inc | 2006 | SGNT | Acquired by Nichi-Iko Pharmaceutical Co. Ltd. |
| Salient MLP & Energy | -99 | SMF | Active |
| Sanchez Energy Corp | 1972 | SN | Bankrupt |
| SandRidge Mississippian Trust | -99 | SDT | Active |
| SandRidge Permian Trust | -99 | PER | Active |
| Sequans Communications SA | 2003 | SQNS | Active |
| ServiceSource International | 1999 | SREV | Active |
| Skullcandy Inc | 2003 | SKUL | Acquired by Incipio. |
| SMG Indium Resources Ltd | 2008 | SGMEU | Active |
| Solar Senior Capital Ltd | 2010 | SUNS | Active |
| Solazyme Inc | 2003 | SZYM | Acquired by Corbion. |
| Spirit Airlines Inc | 1964 | SAVE | Active |
| STAG Industrial Inc | 2010 | STIR | Active |
| State Investors Bancorp Inc | 1981 | SIBC | Active |
| Summit Hotel Properties Inc | 2010 | INN | Active |
| Suncoke Energy Inc | 1962 | SXC | Active |
| Sunshine Financial Inc | -99 | Active | |
| Tangoe Inc | 2000 | TNGO | Active |
| Taomee Holdings Ltd | 2008 | TAOM | Active |
| Teavana Holdings Inc | 1997 | TEA | Acquired by Starbucks. |
| Tesoro Logistics LP | 2010 | TLLP | Active |
| The Active Network Inc | 1998 | ACTV | Acquired by Global Payments Inc. |
| The Chefs Warehouse Inc | 1985 | CHEF | Active |
| Thermon Group Holdings Inc | 1961 | THR | Active |
| Tibet Pharmaceuticals Inc | 2009 | TBET | Inactive |
| TMS International Corp | 2006 | TMS | Active |
| Tornier NV | 1976 | TRNX | Acquired by Wright Medical Group NV |
| Tortoise Pipeline & Energy | 2011 | TTP | Active |
| Tranzyme Inc | 1998 | TZYM | Inactive |
| Trunkbow Intl Hldgs Ltd | 2011 | TBOW | Inactive |
| Tudou Holdings Ltd | 2005 | TUDO | Acquired by Youku Tudou Inc. |
| Ubiquiti Networks Inc | 2003 | UBNT | Active |
| Vanguard Energy Corp | -99 | VNGEU | Active |
| Vanguard Health Systems Inc | 1997 | VHS | Acquired |
| VOC Energy Tr | 2010 | VOC | Active |
| Wesco Aircraft Holdings Inc | 1953 | WAIR | Active |
| Wolverine Bancorp Inc | 1933 | WBKC | Active |
| Yandex NV | 2000 | YNDX | Active |
| ZELTIQ Aesthetics Inc | 2005 | ZLTQ | Acquired by Allergan |
| Zillow Inc | 2004 | ZG | Active |
| Zipcar Inc | 1999 | ZIP | Acquired by Avis Budget Group |
| Zuoan Fashion Ltd | 1992 | ZA | Inactive |
| Zynga Inc | 2007 | ZNGA | Active |
Frequently asked questions
There were approximately 162 IPOs in 2011 according to Wikipedia, Crunchbase, Yahoo Finance, Techcrunch, and Jay R. Ritter’s data from UF Warrington College of Business. However, it’s hard to find a complete list of every company that has hit the stock exchange for the first time since the global data is fragmented. Please do your own research to confirm this figure.
As of June 2023, HCA Healthcare has a market capitalization of $75B followed by Apollo Global Management with a market capitalization of $43B. Of course, this is subject to change and you should check for the latest data.
At least six companies have been classified as bankrupt (i.e defunct) including:
– American Midstream Partners LP
– American Rlty Capital Ppty Inc
– KiOR Inc
– Mattress Firm Holding Corp
– Memorial Production Prtnrs LP
– Sanchez Energy Corp
The IPO process is different for every stock exchange.
However, it typically involves several similar steps. These include selecting an investment bank as the underwriters, preparing a registration statement with the Securities and Exchange Commission (SEC), and conducting a roadshow to generate interest from potential investors.
Once the IPO is launched, shares are priced, allocated, and eventually traded on a stock exchange, allowing the company to raise capital and provide liquidity to early investors.
