Wi-Fi Networker iPass Debuts in Solid IPO
A bubble-esque debut for the Wi-Fi networking provider -- or just solid demand for a solid company?
July 24, 2003 IPass is the latest Silicon Valley company to test the public equity markets with the issuing of its initial public offering on Thursday.
By midday during its first full day of trading, shares of the company had risen by over 30 percent to $18.35 after debuting at $14. They later closed up by $4.67, or 33 percent at $18.67.
A bubble-esque debut for the Wi-Fi networking provider -- or just solid demand for a solid company?
July 24, 2003 IPass is the latest Silicon Valley company to test the public equity markets with the issuing of its initial public offering on Thursday.
By midday during its first full day of trading, shares of the company had risen by over 30 percent to $18.35 after debuting at $14. They later closed up by $4.67, or 33 percent at $18.67.
iPass Inc.(NasdaqGS: IPAS )
After Hours: 1.55 +0.18 (13.14%) 7:59PM EST jan/12/2011
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