Money transfer company Xoom prices upsized IPO at $16, above the range

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Xoom, an online and mobile money transfer company, raised $101 million by offering 6.33 million shares at $16, above the range of $13 to $15. The company had originally filed to offer 5.75 million shares. Xoom plans to list on the NASDAQ under the symbol XOOM. Barclays and Needham & Co. acted as lead managers 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: News Headlines , IPOs

Referenced Stocks: XOOM

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