Home / Marin Software rises in debut on the NYSE

Marin Software rises in debut on the NYSE

My Fox Spokane Biz
Marin Software rises in debut on the NYSE
Submitted by Fox First at Ten on March 22nd

NEW YORK (AP) - Shares of Marin Software climbed nearly 27 percent in their first day as a publicly traded company.

The software company's stock rose $3.76, or 26.9 percent, to $17.76 in morning trading.

Marin Software Inc. raised $105 million in the initial public offering. The San Francisco company priced the IPO at $14 per share, above the expected price range of $11 to $13 a piece.

The size of the IPO increased to 7.5 million shares from 7 million shares.

The underwriters are getting a 30-day option to buy up to an additional 1.1 million shares at the IPO price.

Marin Software is trading on the New York Stock Exchange under the "MRIN" ticker symbol.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Comments

Most Popular Stories

UPDATE: Crash On Spokane's South Hill At Freya & 35th

UPDATE: Crash On Spokane&#039;s South Hill At Freya &amp; 35th
Submitted by Fox First at Ten on June 19th
UPDATE: Authorities say that a tan SUV was heading west on 35th on Wednesday afternoon when the driver ran a stop sign at Freya. A blue SUV that was headed south on Freya hit the tan SUV causing the vehicle to flip over. There were two people in the overturned SUV, a woman and a little girl. They

Idaho Toddler Dies After Being Left In Car

Idaho Toddler Dies After Being Left In Car
Submitted by Fox First at Ten on June 19th
AMMON, Idaho (AP) - Officials with the Bonneville County sheriff's department say a 21-month-old southeastern Idaho girl has died after she was left in a vehicle.    A news release says deputies and paramedics were called shortly after 5:15 p.m. Tuesday to a residence in Ammon,

Not Guilty Plea In Nine Mile Slaying

Not Guilty Plea In Nine Mile Slaying
Submitted by Fox First at Ten on June 19th
SPOKANE, Wash. (AP) - The man accused of strangling his girlfriend and putting her body in a tub of acid at a Nine Mile Falls home pleaded not guilty Tuesday to a murder charge in Spokane. The trial for 27-year-old Jason Hart is set for Aug. 12. He's accused of killing 33-year-old Regan