Ticker: Z
IPO date: July 20
IPO price: $20
Now trading at: $23.08
Revenue for first 9 months of 2011: $46 million
Profit for first 9 months of 2011: $178,000
Like many of its peers, real estate site Zillow.com has a river of red ink. When Zillow filed for its IPO in April, it revealed that its revenue jumped 74% in 2010 to $31 million, but it lost nearly $7 million that year.
Zillow's stock quickly shot up 120% in its July debut and ended the day 79% higher. But Zillow's IPO comes at a rocky period for the housing sector, which has yet to stage a sustained recovery. Shares have swung back and forth in the four months since its debut, alternating from sharp losses one month to modest gains the next. Zillow stock lost 25% in November, but it's still above its IPO price.
