Trulia Shares Surge as Much as 43 Percent in IPO

If only the housing market were doing so well: Trulia shares climbed as much as 43 percent to $24.24 a share today in its public market debut. The San Francisco online real estate listings company priced shares at $17 apiece last night, up from its original expectations of $14 to $16 each. The company sold six million shares and raised roughly $85 million for the business, excluding proceeds from stockholder sales.


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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google