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September 21, 2013 12:47 am GMT
Rocket Fuel's first day of public trading seems to have lived up to the company's name.The ad tech firm revealed its intentions to go public last month, and last night sold 4 million shares at a price of $29, raising a total of $116 million. Today the share price went up as high as $62.50 before closing at $55, about 90 percent higher than the IPO price.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dr5f8rS9TUw/
Ad-Tech Company Rocket Fuel Nearly Doubles Stock Price In First Day Of Public Trading
Rocket Fuel's first day of public trading seems to have lived up to the company's name.The ad tech firm revealed its intentions to go public last month, and last night sold 4 million shares at a price of $29, raising a total of $116 million. Today the share price went up as high as $62.50 before closing at $55, about 90 percent higher than the IPO price.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dr5f8rS9TUw/
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