Marin Software rises in debut on the NYSE

Mar 22, 2013

(AP)—Shares of Marin Software climbed nearly 27 percent in their first day as a publicly traded company.

The 's stock rose $3.76, or 26.9 percent, to $17.76 in morning trading.

Marin Software Inc. raised $105 million in the . The San Francisco company priced the IPO at $14 per share, above the expected price range of $11 to $13 a piece.

The size of the IPO increased to 7.5 million shares from 7 million shares.

The underwriters are getting a 30-day option to buy up to an additional 1.1 million shares at the IPO price.

Marin Software is trading on the under the "MRIN" ticker symbol.

Explore further: Struggling BlackBerry announces new round of layoffs

0 shares

Related Stories

LinkedIn's IPO priced at $45 a share

May 18, 2011

(AP) -- LinkedIn priced its IPO at $45 per share to set up the first stock market debut among a fraternity of Internet networking services that's captivating investors.

SolarWinds shares climb during first trading day

May 20, 2009

(AP) -- Shares of SolarWinds Inc. climbed Wednesday during the network management software maker's first day of trading, marking the latest flicker of life in an IPO market that has barely registered a pulse this year.

Zynga holders plan to sell up to $400M in stock

Mar 14, 2012

Zynga shareholders may sell up to $400 million of stock through a public offering, three months after the online game maker went public, to try to avoid a drop in its stock price.

Recommended for you

Uber drivers fined in Hungary

7 hours ago

The Hungarian tax authority fined Uber drivers in its first probe against the ride-sharing service which the economy ministry said Saturday "ignores passenger safety" and must be made to follow regulations.

Domino's taking orders via tweet

May 22, 2015

Domino's on Wednesday launched perhaps the easiest way to satisfy a pizza craving this side of mind reading: order by tweet.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.