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April 24, 2015 08:35 pm GMT

Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% From Its IPO Price

Apigee team at Nasdaq as the company IPOs this morning.Apigee, acompany that helps organizations build and manage API connectors, went public this morningat $17 per share, briefly jumpingto $20 per share before closingat $16.68, down 1.88 percent in its first day of regular trading. After-hours, the company isflat.The company sold 5,115,000 shares in its IPO, raising $87M according to its CEOChet Kapoor.It trades under the symbol… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EsliRtWbXe4/

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