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MarketWatch

American financial information website

Summary

American financial information website

Field	Value
name	MarketWatch
logo	MarketWatch_Logo.svg
logo_size	250px
type	Financial Information
location	New York City
owner	Dow Jones & Company
editor	Mark DeCambre
url
launch_date
current_status	Online

the website

MarketWatch is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with The Wall Street Journal and Barron's.

History

The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer and co-founder and chairman, Derek Reisfield. Thom Calandra was its first editor-in-chief.

In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. with Peter Bale as managing editor.

In January 2004, Calandra resigned amidst allegations of insider trading.

In May 2016, MarketWatch hired Dan Shar as general manager. In October 2020, MarketWatch announced that it would become a paywalled subscription-based publication, in order to "raise the ambitions of our journalism". Mark DeCambre was named editor in chief on March 21, 2022.

References

(March 17, 2022). "Mark DeCambre named new editor in chief of MarketWatch".
Kramer, Larry. (October 30, 2017). "The history of MarketWatch: How a sports data startup became a half-billion-dollar financial news site". Marketwatch.
"Whois Record for MarketWatch.com". Domain Tools.
"Contribution Agreement – CBS Inc., Data Broadcasting Corp. and MarketWatch.com LLC".
(January 23, 2004). "MarketWatch commentator resigns amid probe". [[NBC News]].
O'Shea, Chris. (July 10, 2012). "David Callaway, ''MarketWatch'' Editor, Named ''USA Today'' EIC". [[Adweek]].
(June 19, 2000). "Joint Venture Agreement – Financial Times Group Ltd., MarketWatch.com Inc., Pearson Internet Holdings BV and Pearson Overseas Holdings Ltd.".
(March 20, 2000). "FT Marketwatch Appoints Managing Editor". [[Pearson plc]].
(January 24, 2005). "Dow Jones & Company closes $528 million MarketWatch acquisition". [[U.S. Securities and Exchange Commission]].
Roush, Chris. (May 17, 2016). "MarketWatch.com hires general manager".
Guaglione, Sara. (October 26, 2020). "'MarketWatch' Adds Paywall, 'WSJ Magazine' Reduces Print Frequency". MediaPost.
"Mark DeCambre named new editor in chief of MarketWatch".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

1999-initial-public-offerings 2005-mergers-and-acquisitions dot-com-bubble dow-jones-&-company economics-websites internet-properties-established-in-1997 mass-media-companies-of-the-united-states

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