A Bear's Face on Mars Blake Lively's New Role Recognizing a Stroke Data Privacy Day Easy Chocolate Cake Recipe Peacock Discount Dead Space Remake Mental Health Exercises
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Lycos has first day out on Wall St.

Lycos shares shoot up in first day of trading.

Internet search engine provider Lycos had a promising first day on Wall Street today, almost doubling the initial offering price before closing at 22 1/8, up more than six points.

Lycos went public this morning at $16 per share on the Nasdaq market. The stock reached as high $29.25 during a day when almost 5.9 million Lycos shares were traded.

Lycos' major competitors Yahoo and Excite both filed registration statements for IPOs last month.

Related stories:
Excite follows Yahoo with IPO
Yahoo goes public