Envivio prices IPO at $9, below the range

By
A A A

Envivio, which sells a video processing platform to telecoms and cable companies, raised $70 million by offering 7.8 million shares (16% insider) at $9, below the range of $10 to $12. Envivio will list on the NYSE under the symbol ENVI. Goldman Sachs, Deutsche Bank Securities and Stifel Nicolaus Weisel acted as joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , IPOs

Referenced Stocks: ENVI

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Spot the Dropout RRC
Spot the Dropout RRC                
Spot the Dropout MG
Spot the Dropout MG                 
Spot the Dropout IPC
Spot the Dropout IPC                
Spot the Dropout
Spot the Dropout                    

Stocks

Referenced

Most Active by Volume

79,567,104
  • $95.01 ▼ 2.04%
59,427,084
  • $18.115 ▼ 0.25%
38,656,785
  • $5.19 ▼ 6.49%
34,285,352
  • $47 ▲ 1.53%
33,345,533
  • $3.97 ▲ 0.51%
32,509,555
  • $15.08 ▼ 0.85%
32,330,278
  • $36.035 ▼ 11.72%
29,566,083
  • $19.90 ▲ 0.15%
As of 7/30/2015, 03:55 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com