Thursday, January 27, 2011

Demand Media (DMD) Rises 37 Percent on First Trading Day

Demand Media (DMD), famously called "The Answer Factory" in a Wired article, rose 37 percent on its first trading day, closing with a market cap of $1.87 billion. Seems investors are still not too worried that Google will classify Demand Media's content as spam and remove it from the first page of search results.

Update: Businessweek has a long piece on DMD today.

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