Shares of Demand Media closed its first day of trading at $22.65. As you know by now, the company’s stock went public at $17 a share, its first trade was at $23.50…
Month: January 2011
UDRP panel Awards KENA.com & The Domain Name Owner Is Loses His $5K Purchase: “It Cannot Be Accounted For By Genericness”
In domain holder that paid over $5,000 for a LLLL.com today just lost it in a UDRP The case involved the domain name kena.com There have been some nice sales of LLLL.com…
Envelopes.com Sold For $400,000 (In 2010)
According to the Domainnamestrategy.com blog, which cited an article in “Inc. Magazine“, the category killer domain name Envelopes.com was purchased in January 2010 for $400,000. The Inc. article tells the story of Seth…
Adult.co.uk Hits The Sales Block
According to Metro.co.uk the domain name Adult.co.uk is up for sale. Although no asking price was given. Originally purchased back in 1996 for an undisclosed sum, a spokesperson for Adult.co.uk has stated…
Demand Media Shares Jump Up A High As 47% As It Begins Trading
Shares in Demand Media which started trading today on the NYSE under the symbol DMD which were priced at $17 a share started trading at $23.50 In the first half our of…
SuperBowl To Generate $10 Billion In Spending But Domain Names Are Not Included
According to a new survey out from the Retail Advertising and Marketing Association, total consumer Super Bowl spending is expected to reach $10.1 billion, the highest in the survey’s eight-year history. Of…
Update: It’s Official: Demand Goes Public At $17 a Share Becoming The Largest Internet IPO Since Google
According to the Wall Street Journal Demand Media has raised $151 million by offering 8.9 million shares at $17, above its expected range of $14 to $16. The company originally filed to…