Demand Media, an online publishing company, officially made its first appearance today on the New York Stock Exchange under the symbol “DMD.” Today is its first day as a public company, and it has fared well, with its stock up 36%.
The company website touts the venture as “an online media company operating two strategically-linked businesses; an integrated content and social media platform, and registrar solutions.”
Today’s performance is good news compared to the $22 million in losses reported in 2009.