Stock Watch: Snowball.com IPO a Hit

Print Version

E-Mail Article

Reprints

By Nora Macaluso
E-Commerce Times
03/22/00 12:00 AM PT

How Much is 'Free' Costing You?
Learn how DaveRamsey.com saw a 567% uplift in ROI with Omniture. This complimentary guide and webinar cover the most important factors in selecting an analytics solution. Download Now.

Snowball.com (Nasdaq: SNOW) rose 4 5/16 in its first day of trading Tuesday, closing at 15 5/16. The San Francisco, California-based company offers Web sites aimed at teenagers and young adults, which it calls "Generation i."

Snowball's sites -- aimed at 13 to 30-year-olds -- include ChickClick.com, IGN.com, InsideGuide.com and PowerStudents.com. The company raised $68.8 million through the sale of 6.25 million shares.

Print Version E-Mail Article Reprints More by Nora Macaluso

Talkback: Be the first to comment on this story.

Next Article in News

Stock Watch: Barron's Article Bedevils Priceline
March 21, 2000

See Related Stories About SportsLine

SportsLine.com Plans Branded Web Sites Across Asia (03/06/00)

Elite U.S. Athletes Back European Sports Site (01/12/00)

CBS' NCAA Basketball Deal Boosts SportsLine (11/22/99)

SportsLine Europe Invades France (09/08/99)

Sportsline Launches Sports.com For European Audience (08/03/99)

Stock Watch: Sportsline Expands E-Commerce (06/07/99)

E-Commerce Stock Watch: SportsLine Sets the Pace (03/04/99)

See Related Stories About PSINet

Latest Hacker Attack Cripples Online Brokerage (02/25/00)

AltaVista Signs Up 800,000 Free Users (11/15/99)

Akamai Hires New CFO, Looks Toward IPO (08/24/99)

PSINet To Buy Transaction Network Services for $705M (08/23/99)

See Related Stories About Teens & Young Adults

Cybermoola Gives Teens Online Spending Power (09/22/99)

Report: Teen Online Spending Increases (02/22/99)

More by Nora Macaluso

One Year Ago: Should E-tailers Drop Nasdaq Before Nasdaq Drops Them?
January 30, 2002

Once a company is kicked off the Nasdaq, its stock is listed on the over-the-counter 'pink sheets' for thinly traded issues.

Study: Europeans Ignore Potential of TV-Based Commerce
January 18, 2002

Interactive TV also provides retailers with the opportunity to draw attention to themselves using interactive ads, Gartner said.

The Amazon Earnings Speculation Story
January 21, 2002

For Amazon to break out of the box created by the competing objectives of boosting sales and controlling costs, a pro-forma profit in the fourth quarter will be critical, a Goldman Sachs analyst wrote.