Moelis Pops In Market Debut - Presented by: The Aol. On Network

Shares of investment bank Moelis & Co were in the green following its Wednesday morning trading debut. Midday the stock was up more than 5.8% from the company’s $25 initial public offering price. Shares opened at $27 before quickly peaking at $27.22. The company was founded by Ken Moelis who left a top job at UBS to start the firm in 2007. According to SEC paper work filed in March, Moelis & Co.



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