Netscape IPO — 31 years since the Big Bang of the commercial internet

Sun, 09 Aug 2026 10:00:00 -0300

On August 9, 1995, the NASDAQ stock exchange opened with an unusual problem: there were too many buyers for a stock that didn't even trade during the first two hours. Netscape Communications Corporation's shares were offered at $28 — already double the price the banks had originally planned — and when trading finally opened, the stock jumped straight to $71. It closed the day at $58.25, valuing a company that had never turned a profit at more than $2.9 billion.

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Netscape IPO — 31 years since the Big Bang of the commercial internet