Netscape’s IPO on ==August 9, 1995==, is widely considered the “Big Bang” of the dot-com boom, launching the internet era on Wall Street. Despite being only 16 months old and unprofitable, the browser company’s shares soared from an initial 58.25, valuing the firm at nearly $2.9 billion
First day, opened with 71, hit 75, and closed at 58.
Marc Andreessen