TubeMogul Surges 48% In Its Debut After Cutting Its IPO Price - Presented by: The Aol. On Network

TubeMogul is having a strong first day of trading as a public company, rising nearly 50 percent in midday trading. The company went public for $7 per share, and is currently trading in the $10.30 range. The IPO, however, came with caveats. The $7 per share price was dramatically under its initially proposed pricing range of $11 to $13. And, to help get the thing out the door, prior investors had to buy $25 million of the shares offered in the deal.



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As of 4/27/2015, 04:15 PM

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