Impinj began trading today on the Nasdaq.
The Seattle RFID-technology company initially began selling the 4.8 million shares of its common stock at $14 per share. The shares, trading under the ticker symbol PI (Nasdaq: PI), closed up more than 28 percent to nearly $18 per share.
When the company announced its intentions to go public in June, officials said they wanted to raise $60 million with the offering but revised that expectation, saying they hoped to bring in as much as $74 million and that?
Added on 07/21/2016
by Business Broker Blog
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