Traded as FUEL CEO Randy Wootton Founded 2008 | Website rocketfuel.com Number of employees 900 Number of locations 20 | |
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Industry Marketing and Advertising Founders George John, Richard Frankel, Abhinav Gupta Area served North America, Europe, and Japan Key people Randy Wootton, CEORichard Frankel, PresidentAbhinav Gupta, Senior Vice President of Engineering Stock price FUEL (NASDAQ) US$ 4.20 +0.10 (+2.44%)20 Mar, 4:00 PM GMT-4 - Disclaimer Headquarters Redwood City, California, United States Subsidiaries X Plus Two Solutions, Inc., Rocket Fuel, Ltd, X Plus One Solutions, Inc. Profiles | ||
Rocket Fuel is an ad technology company based in Redwood City, California. It was founded in 2008 by alumni of Yahoo!.
Rocket Fuel completed an initial public offering in September 2013. The initial stock offering was $29 per share and reached a high of $59.95 per share when the stock opened. The stock closed at $56.10 per share on opening day, giving the company a value of $942.5 million. By February 24, 2015, the stock had dropped to $9.63, or 86 percent below its record high and 67 percent below its IPO price.
Rocket Fuel acquired the New York-based ad tech company [x+1] in August 2014 for $230 million.
References
Rocket Fuel Inc. Wikipedia(Text) CC BY-SA