Saturday, July 21, 2012

Firewall Company Palo Alto Networks Up 26% In IPO

PAN_IconPalo Alto Networks shares climbed 26% in its first day of trading today on the New York Stock Exchange.  Shares closed at $53, up from its $42 offering price.The company offered 6.3 million shares in trading. The price of the share were originally offered at range of $34 to $37. It was increased to a range of $38 to $40 earlier in the week.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/_v2X8qIxARw/

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