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The company sold 10.8 million shares at $19 a piece in its IPO, raising $205.2 million, while shareholders sold another 1.5 million shares.
The $19 IPO price was above the previously announced estimated range of $16 - $18 per share.
Fusion-io makes flash memory products that use less space and energy, making data centers more efficient.
Fusion-io Inc (NYSE:FIO) initiated trading on the New York Stock Exchange today, rising 30% above the company's IPO price of $19 per share.
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Xerox (NYSE:XRX) traded today at a new 52-week high of $9.62. So far today approximate ...
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VF Corp (NYSE:VFC) traded today at a new 52-week high of $192.94. This new high was re ...
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Shares of United Online (NASDAQ:UNTD) traded today at $7.67, breaking its 52-week high. ...
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UnitedHealth (NYSE:UNH) traded at a new 52-week high today of $65.91. So far today app ...
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Shares of Ultimate Software (NASDAQ:ULTI) traded today at $116.68, breaking its 52-week ...
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Monotype Imaging Holdings (NASDAQ:TYPE) traded today at a new 52-week high of $26.87. ...
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Tower Group (NASDAQ:TWGP) traded at a new 52-week high today of $20.85. So far today a ...
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Shares of Tetra Tech (NASDAQ:TTEK) traded today at $22.56, breaking its 52-week low. T ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
