Netscape Communications is a computer services company in the United States, widely known for its Netscape Navigator web browser. It was originally known as Mosaic Communications Corporations when Jim Clark co-founded it along with Marc Andreessen. The original Netscape Navigator offered versions 1.0 to 4.8 and became an Internet suite when it added its full email reader, Netscape Mail.

It was on this day, August 9, 1995, that Netscape, one of the first World Wide Web browsers, went public and doubled in value on its first day of trade. The stock was originally to be offered at $14 per share, but a last-minute decision changed the initial offering to double that at $28. On its first day of trading, the stock’s value rose to $75 and clocked at a market value of $2.9 billion. Amazingly, the company’s revenue doubled every quarter during their public opening year.

Since then, Netscape has fallen drastically in popularity, especially since the advent of Internet Explorer. In the 1990s, over 90% of people used it, a number that fell to less than 1% since 2006.