Hello, Netscape! Zipcar IPO Zooms 65%

April 14, 2011 4:16 pm

Well, looks like Netscape days are back –

Zipcar shares soared in their market debut Thursday, after the car sharing company’s initial public offering raised more money than it had expected.

Shares of the decade-old Cambridge, Mass.-based company opened at $30 per share on Nasdaq, a 67% increase from its offering price of $18.

Statistics Source: CNN Money

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

Leave a Reply