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September 27, 2013 07:46 pm GMT
RingCentral is up 45% in early trading today, after pricing its IPO at $13 per share. Violin Memoryis down 17 % in its debut on the public markets.Violin Memory, a Flash-provider, priced its IPO Thursday night to open at $9 per share but opened at$7.41, 17.7 percent lower than the IPO price. RingCentral, trading as "RNG," was priced at $13 per share. In early trading, the stock is hovering at around $18 per share.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qxnIC3zdqNU/
Flash Memory Provider Violin Memory Down 17% In Public Market Debut While Cloud Service RingCentral Up 45% In IPO
RingCentral is up 45% in early trading today, after pricing its IPO at $13 per share. Violin Memoryis down 17 % in its debut on the public markets.Violin Memory, a Flash-provider, priced its IPO Thursday night to open at $9 per share but opened at$7.41, 17.7 percent lower than the IPO price. RingCentral, trading as "RNG," was priced at $13 per share. In early trading, the stock is hovering at around $18 per share.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qxnIC3zdqNU/
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