Box Pops On IPO, Setting Stage For Uber, Airbnb

By | January 23, 2015

Scalper1 News

Box (BOX) unwrapped a strong IPO Friday, jumping more than 65% and setting the stage for other high-profile new issues to come this year, such as Uber and Airbnb. The Los Altos, Calif.-based provider of cloud-based online data storage and file-sharing platforms raised $175 million, pricing 12.5 million shares at 14, above its estimated 11-to-13 range. Shares opened at 20.20, went above 24 and were trading near 23.28 in midday trading in the stock Scalper1 News

Scalper1 News