by admin on February 21, 2011
Last week, we invited HuffPost readers who were participating in the Madison protests to share their stories with us.
This week, we put together a slide show of our readers photos and experiences. Were you in Madison, Wisconsin last week? Do you want to share your take on the protests with us? Submit a slide below!
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by admin on January 26, 2011
NEW YORK — Shares of Demand Media Inc. are surging after the online content publisher priced its initial public offering at a higher-than-expected price of $17 per share.
The shares gained $6.80, or 40 percent, to $23.80 in morning trading on the New York Stock Exchange under the ticker “DMD.”
The IPO raised about $151 million in gross proceeds.
Earlier Wednesday, Demand Media increased the size of its offering to 8.9 million shares from 7.5 million. It previously expected the shares to price between $14 and $16 apiece.
The Santa Monica, Calif., company employs a network of more than 13,000 freelancers who churn out web content – namely, instructional articles – primarily on its ehow.com website.
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