Reuters: Global Markets: Shares of online coupon company RetailMeNot rise in market debut

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Shares of online coupon company RetailMeNot rise in market debut Jul 19th 2013, 14:49 Fri Jul 19, 2013 10:49am EDT (Reuters) - Shares of online coupon company RetailMeNot Inc (SALE.O) rose as much as 30 percent in their market debut on Friday, valuing the company at about $1.3 billion. RetailMeNot's shares opened at $26.50 on the Nasdaq and touched a high of $27.30. The offering of 9.1 million shares was priced at $21 per share, the midpoint of the expected range, raising $191.1 million. The company, which connects consumers and retailers, offers digital coupons for everything from clothing, electronics, travel, food and entertainment to personal and business services from over 60,000 retailers and brands. Morgan Stanley, Goldman, Sachs and Credit Suisse Securities were the lead underwriters for the offering.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions