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Browser Maker Netscape Goes Public
On August 9th, 1995 Internet browser maker Netscape opened its Initial Public Offering (IPO) on the stock market with an expected opening price of $12. By the time the first trade was made the price had rocketed up to $71. This fuelled a fury of IT and Internet based IPOs over the next five years, pushing stock markets to all time highs.
Posted: 2003-03-19 3:20:10 PM
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