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October 15, 2015 02:23 pm GMT
After payments processorFirst Data priced its initial public offering at $16 per sharelast night, below the expected range of $18-$20, all eyes were on the company to see how the year’s biggest IPO — raising $2.56 billion —would perform in its debut. Ultimately, there were no fireworks. Trading under theFDC ticker on the New York Stock Exchange, First Data’s… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/S7jMawPWMXk/
Raising $2.56B In IPO, First Data Opens Only 2.4% Up At $16.39, Now Trading Below IPO Price
After payments processorFirst Data priced its initial public offering at $16 per sharelast night, below the expected range of $18-$20, all eyes were on the company to see how the year’s biggest IPO — raising $2.56 billion —would perform in its debut. Ultimately, there were no fireworks. Trading under theFDC ticker on the New York Stock Exchange, First Data’s… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/S7jMawPWMXk/
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