IPO Stock Watch: Six IPOs Friday Reach Double Digits

By | July 18, 2014

Scalper1 News

The IPO market ended with a bang Friday, with all six new issues rising. The largest initial public offering this week belonged to TerraForm Power (TERP), a spinoff of SunEdison (SUNE), that owns solar power generation assets. It raised $502 million by offering 20.1 million shares at 25, the high end of an upwardly revised range of 23 to 25. Shares closed at 33.09, up 32% in the stock market today. TerraForm was the seventh IPO from the Scalper1 News

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