Recent IPOs Sector Review: Pandora and Tudou Make Moves

Francesca’s Holdings (NASDAQ:FRAN): After posting strong holiday sales, shares of Francesca’s Holdings surged. The boutique retailer increases its EPS for Q4 from $0.14-$0.15 up to $0.16-$0.17. The shares closed at $20.31, up $2.2, or 12.15% on the day. The stock is $3.31 or 19.47% higher than IPO price of $17.00.

Tudou Holdings Ltd. (NASDAQ:TUDO): Looking to more efficiently advertise, the Chinese online video company Tudou Holding will integrate Digital Element’s NetAcuity Edge. NetAcuity Edge, a hyperlocal targeting feature, will allow Tudou to identify a user’s location to a specific town and city level, thus allowing it to more efficiently customize advertising. The shares closed at $10.64, up $1.07, or 11.18% on the day. The stock is $18.36 or 63.31% lower than IPO price of $29.00.

Pandora Media (NYSE:P): Shares of volatile Pandora received a boost yesterday from a bullish Needham report, as well as from the company’s release of encouraging listener data. Pandora claims to have more than 125M registered users (though active users is quite lower) and, despite increased competition, increased its hold on the U.S. Internet radio market from 66% to 68% during its last fiscal quarter. The shares closed at $11.48, up $1.02, or 9.75% on the day. The stock is $4.52 or 28.25% lower than IPO price of $16.00.

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