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September 30, 2013 10:35 am GMT
On Friday, Violin Memory's IPO did not exactly go that well. The company priced its IPO at $9 per share but opened at$7.41, 17.7 percent lower than the offering price. It closed trading at $7.02 per share, down 22 percent.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/A-xIxwfYpKQ/
Violin Memory Struggles In IPO And Now Faces A Fierce Storage and Enterprise Market
On Friday, Violin Memory's IPO did not exactly go that well. The company priced its IPO at $9 per share but opened at$7.41, 17.7 percent lower than the offering price. It closed trading at $7.02 per share, down 22 percent.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/A-xIxwfYpKQ/
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