Kayak’s opening day: A look at online travel IPOs

Shares of Kayak Software Corp. surged in their market debut, closing up $7.18, or 27.6 percent, to $33.48. Here’s a look at other major travel websites’ first-day performances, and how they’ve done since:

Expedia Inc. (EXPE)

First trading day: Nov. 10, 1999

Priced at: $14, higher than expected range.

Closing price, opening day: $52.75

Closing price, Friday: $47.11

Orbitz Worldwide Inc. (OWW)

First trading day: July 20, 2007 (this is the second time Orbitz went public, after being taken private, then spun off)

Priced at: $15, lower than expected range.

Closing price, opening day: $14.50

Closing price, Friday: $4.31

Priceline.com Inc. (PCLN)

First trading day: March 30, 1999

Priced at: $16, higher than expected range.

Closing price, opening day: $69, one of the best first-day performances ever.

Closing price, Friday: $673.20

NOTE: Adjusted for a 1-for-6 reverse stock split in 2003, the first-day closing price would have been $414

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