4 Articles
1 / 1
AddBarron's: Zipcar stock steady around $26; prudent investors should steer clear

Zipcar's initial public offering (IPO) earlier this month turned a concept – vehicles available for rent by the hour – into a $1.2 billion stock-market value, according to Barron's, America's so-called "premier" financial magazine. However, the car-sharing company, as we've pointed out before, is in the red. Despite that, Zipcar shares are currently trading for around $26, up substantially from the IPO price of $18. However, Barron's suggests that the future outlook for Zipcar is ske

AddZipcar IPO a smash hit; car sharing company raises $174.3 million

Despite its struggles – which you can read about here, here and here – Zipcar, one of the world's leading car sharing companies, has officially gone public.

1 / 1