Helped by the fact that the initial allocations had to be scaled back quite a bit, investors remained keen on the company when it started trading on Nasdaq last night At one point the stock was quoted as high as $16 73, or 11 5% above the IPO price, but by 3pm New York time it had retreated to around $15 98 for a more modest 6 5% gain
Market watchers say investors were drawn to the company because of upbeat prospects for the...
¬ Haymarket Media Limited. All rights reserved.
