Tags: US | Convio | IPO | Mover

Convio Shares Rise in IPO Debut After Pricing Low

Thursday, 29 Apr 2010 10:56 AM

 

Shares of Convio are up in their market debut Thursday after the software company priced its initial public offering low, raising $46.2 million.

The Austin, Texas company priced 5.1 million shares at $9 Wednesday night, below the expected range of $10 to $12.

Convio's software and services are designed to help nonprofit organizations raise money.

The shares, trading on the Nasdaq Global Market under the symbol "CNVO," are up 70 cents, or 7.8 percent, to $9.70 in morning trading.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved