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N - NetSuite Inc. IPO Begins Trading

20 December 2007
Author: Harvey Posted under IPO's

Today (12/20/2007) N - Netsuite, Inc. priced its shares at $26.00, way above its intital $16-19 range and its revised $19-22 range. It then closed the day at $35.50, up $9.50 (+36.54%). Quite a first day pop!

All one had to do with this one was buy at the the open for the +36.54% gain.

N - NetSuite Inc.
Lead Underwriter: Credit Suisse Securities (USA) LLC
Offering: 6.2M
Initial range: $16-19
Revised range: $19-22
Priced: $26.00
Opened: $26.00
Closed: $35.50
Description: Online hosted CRM and ERP software provider.
URL: http://www.netsuite.com


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