[Infowarrior] - Congratulations to Sourcefire....
Richard Forno
rforno at infowarrior.org
Fri Mar 9 11:06:01 EST 2007
...for their successful IPO this morning!
-rf
Sourcefire IPO opens flat, rises in market debut
Fri Mar 9, 2007 10:54am E
NEW YORK, March 9 (Reuters) - Shares of network security software maker
Sourcefire Inc. (FIRE.O: Quote, Profile , Research) on Friday opened flat
but then rose in their U.S. market debut, a day after shares priced at the
top of a forecast range.
Shares of the company opened at $15 and climbed over 5 percent to $15.78 in
morning trading on the Nasdaq.
On Thursday, the 5.77 million share initial public offering sold for $15 per
share, compared with a $12 to $14 forecast, raising $71.8 million.
Led by Morgan Stanley & Co. Inc. and Lehman Brothers Inc., underwriters have
the option to buy an additional 865,500 shares to cover over-allotments.
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.
com:20070309:MTFH45879_2007-03-09_15-53-58_N09464683&type=comktNews&rpc=44
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