Tagged: Zillow

According to real estate website zillow.com, Seattle is one the best cities in the nation for trick-or-treating. Seattle is number 4 on the site’s top 20 list for Halloween, behind San Francisco, Boston and Honolulu.

What goes up often comes back down. Seattle-based real estate website Zillow, Inc. set its IPO price at $20 a share yesterday. It was offered for sale on the NASDAQ Stock Market at $60 a share this morning, but quickly fell into the $40 range.

It hit a low point at $32.50. By the close of trading, it was selling for $35.80...a 79% increase over the IPO price. 

"Initial Public Offering," or I-P-O, is a buzz term that was talked about a lot in the boom years of the late 1990s – especially in Seattle, where lots of high-tech startup companies were thriving at that time.  They've been pretty scarce lately.  But they may be coming back.