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November 05, 2009

Ancestry.com is Now a Public Company

Ancestry.com opened this morning on the NASDAQ Exchange. Tim Sullivan, President and Chief Executive Officer of Ancestry.com Inc. (ACOM), presided over the Opening Bell for this morning's session.

Shares opened this morning at $16.10, peaked at $16.32, then dropped off to $15.10 at mid-day.

UPDATE: ACOM shares closed the day at $14.20, up from its initial public offering price of $13.50. A total of 7.4 million shares were sold.


Posted by Dick Eastman on November 05, 2009 in Current Affairs |

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Louis Kessler

Now they have to concentrate on pleasing their stockholders. That means they must concentrate on profits - which may or may not go hand-in-hand with providing good genealogy services.

Only time will tell.

Posted by: Louis Kessler | November 05, 2009 at 09:40 PM

Howard

Predictable.
Perhaps they can now concentrate on making Ancestry.com more user friendly.

Posted by: Howard | November 09, 2009 at 12:50 AM

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