The closely watched IPO was a resounding success and the stock is now trading more than twice its first day close.
The result is a 192% average gain from first-day close over the past three years.
Its stock is up 14% from first-day close after an initial offering in May.
Benchmark, Amerindo and New Enterprise Associates all backed e-mail manager Kana Communications, whose Sept. 22 offering is up 400% from first-day close.
Accel Partners backed 4 of the top 25 offerings this year, all 4 of which advanced an average of 384% from first-day close through mid-December.
Overall, the venture community's record is pretty good: Prices of its public offerings this year have risen an average 121% from first-day close through October, far outstripping the 33% of companies that aren't venture-backed.
How can a deal like Splunk close its first day of trading so far above its initial filing range?
Its IPO shares were up 33% by the close of their first day of trading.
Where do you think Facebook shares will close on their first day of trading?
Australia wiped 13 runs off the 69-run deficit from the first innings by the close on day three.
Our ranking formula ignores the original amount invested in a deal (as it is often undisclosed), instead weighing most heavily the market capitalization of a venture-backed company on the close of its first day of trading or the purchase price in an acquisition.
If the casual observer were to take a personal inventory of the New York Yankees at the close of business on the first day of the 2012 Winter Meetings, they would see a ball club that is saddled with burdens and difficulties that some might deem insurmountable.
Gronholm won the first two stages of the day but Loeb began to close the gap when he took the fifth and sixth stages in the forests around Perth.
Pettini and David Masters then survived the final 10 overs of the day to help Essex close in on a first-innings lead.
The first trading day of the trading week will have investors keeping a close eye on political events in the U.S. to see if the President and the Congress will be able to negotiate the fiscal cliff being faced by the country.
The president started his day with a tour of New Orleans, his first up-close visit to the Louisiana city whose damage is largely from floodwaters.
Close to the end of the first official open-floor day at IFA, Samsung managed to eke out yet another product we want to get our hands on, soonish.
The U.S. dollar had a good day today to close over the 100-yen mark for the first time in four years.
FORBES: The Dollar Is Flying High -- But How Long Will The Rally Last?
Lancashire all-rounder Andrew Flintoff, a veteran of 129 international ODIs, believes England are close to ending their wait to secure a first major one-day international trophy.
There have also been numerous one day patterns known as reversals or hammers (stock being down significantly during the day but rallying back to close up) during October and November as can be seen in the first StockCharts.com chart below that have failed to slow the decline.
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