S&P 500
7,504.60
-0.41%
Dow Jones
52,336.80
-0.43%
Nasdaq 100
28,816.40
-0.69%
Russell 2000
2,964.63
-0.45%
FTSE 100
10,538.60
-0.35%
Nikkei 225
64,237.60
-2.54%

Investing

Kayak IPO Terms Closer to Fruition

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Kayak Software is set to debut in its initial public offering late this week.  The travel comparison site’s parent is set to debut with a small offering of only about 4 million shares with an indicated range of up to $25.00 per share. If the offering goes off as the terms appear, it will raise a mere $100 million in IPO proceeds.  That is not exactly a large initial public offering by any standards.  We are tracking this offering with particular interest because Kayak was one of Top 17 IPOs to Watch in 2012.  The debut will be ticker “KYAK” on NASDAQ.

Kayak.com was started in 2004 by the co-founders of Expedia, Travelocity and Orbitz. We anticipate that, despite a weak IPO flow in recent weeks, Kayak is going to be watched closely. The acquisition of IATA by Google Inc. (NASDAQ: GOOG) may be a challenge for Kayak, but the past strength of Priceline.com Inc. (NASDAQ: PCLN) and other online travel sites is likely to keep investors’ interest high.

The last look showed that the deal was set to price Thursday night for Friday trading.

JON C. OGG

Contact [email protected] for any questions or corrections.

Disclaimer: Energy Exploration Technologies, Inc. ("EnergyX") has engaged 24/7 Wall St to publish this communication in connection with EnergyX's ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX's offering materials. EnergyX's Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.

Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Gogo IPO Comes with Poor Timing: Fighting the Ticker Tape

ThinkstockGogo Inc. (NASDAQ: GOGO) has now opened for trading after a highly watched initial public offering during a week of…

Paul Ausick |

Palo Alto Networks IPO a Smash Hit for Some

Two tech-related IPOs in one day might at one time seemed like the kiss of death, but that doesn’t appear…

Jon C. Ogg |

The 17 Most Important IPOs To Watch In 2012

The initial public offering market  in 2012 is likely to be much stronger than many anticipate. Despite the lingering uncertainty…

Paul Ausick |

IPO Preview: Another Big Week Ahead

ThinkstockFollowing a week with eight initial public offerings (IPO) launched, the coming week has 11 more on the table, including…

Paul Ausick |

Liberty Interactive Now Steers TripAdvisor

ThinkstockJohn Malone’s Liberty Interactive Corp. (NASDAQ: LINTA) this morning announced that it has acquired a controlling interest in TripAdvisor Inc.…

Jon C. Ogg |

Fitbit Trades Its Full IPO Share Count Equivalent in Under 90 Minutes

Fitbit has seen an interesting statistic, one that even the really hot initial public offerings do not see.

Jon C. Ogg |

CafePress IPO Hits ‘Hot’ (PRSS)

CafePress Inc. (NASDAQ: PRSS) is set to debut on the stock market today after pricing its initial public offering.  The on-demand…

Jon C. Ogg |

That Was Fast: Kayak Already Being Acquired

ThinkstockKayak Software Corporation (NASDAQ: KYAK) only came public this summer. Now it is already being acquired. Priceline.com Incorporated (NASDAQ: PCLN)…

Jon C. Ogg |

Kayak Turns in a Mixed First Earnings Report as Public Company

Kayak Software Corporation (NASDAQ: KYAK) has not exactly been immune to controversy, and its first public earnings report is going…

Top Gaining Stocks

Abbott Laboratories
ABT • Vol: 32,759,274
J.B. Hunt Transport Services
JBHT • Vol: 2,470,629
Erie Indemnity
ERIE • Vol: 551,449
Dexcom
DXCM • Vol: 6,640,120
Cintas
CTAS • Vol: 4,247,943

Top Losing Stocks

Seagate Technology
STX • Vol: 6,222,077
Corning
GLW • Vol: 17,711,232
Western Digital
WDC • Vol: 10,542,662
Coterra Energy
CTRA • Vol: 73,319,495
Super Micro Computer
SMCI • Vol: 36,032,049