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: Microsoft sheds some of its ad business, mapping service

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

Microsoft sheds some of its ad business, mapping service

8 hours ago

Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business.

Disney merges consumer product, interactive divisions

18 hours ago

Disney is merging its consumer product and interactive divisions, a move that acknowledges the shared goals of important product lines like the Disney Infinity video game franchise and the upcoming line of wearable toys called ...

Justices won't hear Google appeal in dispute with Oracle

Jun 29, 2015

The Supreme Court is staying out of a long-running legal battle between technology giants Oracle and Google over copyright protection for a computer program that powers most of the world's smartphones and computer tablets.

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.