This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

FireEye and Rocket Fuel Double After IPOs

NEW YORK (TheStreet) -- FireEye (FEYE) and Rocket Fuel (FUEL - Get Report) galloped out of the gate following their respective IPOs on the Nasdaq this morning.

FireEye was up 113% earlier in the day before settling at a no-less-heady 90.6% increase, or $38.12 a share, at 3:30 p.m. EST. The cyber-security provider offered 15.2 million shares priced at $20 a share. Credit Suisse (CS) and Citigroup (C) are acting as joint underwriters for the IPO.

Rocket Fuel, an artificial intelligence-driven advertising service, had a similarly stellar first day on the markets, up 94.52% at 3:30 p.m. EST after hovering much of the day between $55 and $57 a share. The company priced its IPO of 4 million shares at $29 a share. Morgan Stanley (MS)Goldman Sachs (GS)JP Morgan (JPM) and Barclays (BCS) are bookrunners for the offering.

Overall, both companies were leading the S&P 500 which is down 0.7%.

Must Read: Prosensa and GSK Drug Fails Clinical Trials

Nine companies are slated to go public on the Nasdaq next week. Whether they can emulate today's success remains a matter of speculation.

Written by Keris Alison Lahiff.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FUEL $3.78 5.29%
FEYE $23.59 1.38%
AAPL $117.81 -0.19%
FB $105.45 0.04%
GOOG $750.26 0.28%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs