Marin Software Officially IPOs: Stock Up 20%
Marin Software, one of the leading search and social marketing platform providers, has officially IPO’ed this morning at The New York Stock Exchange.
The IPO looked to be a hit, with their stock price currently up over 20%. The IPO price was $14.00 per share with 7,500,000 shares. The high went to $19.95 per share, and it is currently at $16.90 per share. The ticker Marin Software is listed under is NYSE:MRIN.
Marin Software said:
Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as lead book-running managers for the offering. UBS Securities LLC and Stifel, Nicolaus & Company, Incorporated are acting as book-running managers, and Wells Fargo Securities, LLC is acting as co-manager.
Marin filed their IPO about a month ago.
The picture above is of Marin Software’s Founder and CEO Chris Lien rings the Opening Bell to celebrate their IPO at the New York Stock Exchange.
(Some images used under license from Shutterstock.com.)
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