After a string of disappointing debuts, the IPO market showed signs of life, with shares of four newly public companies each shooting up more than 20% in their first day of trading.
Friday, October 12, 2012
Four IPOs surge in first day of trading
Shares of realty firm Realogy, photo provider Shutterstock and drug firms Kythera and Intercept rise more than 20%. The gains bode well for the IPO market.
After a string of disappointing debuts, the IPO market showed signs of life, with shares of four newly public companies each shooting up more than 20% in their first day of trading.
After a string of disappointing debuts, the IPO market showed signs of life, with shares of four newly public companies each shooting up more than 20% in their first day of trading.
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