Marin Software Rocks Wall Street

As initial public offerings go, Marin Software couldn’t have asked for much better than its Friday debut on the New York Stock Exchange. Late Thursday, it priced its stock at $14 per unit, higher than the anticipated range of $11-$13. Then it sold 7.5 million shares — half a million more than originally expected — raising about $105 million. Investors drove the share price up Friday by some 16 percent to close the day at $16.26 per share. Monday morning Marin was trading at $15.52 per unit.

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Marin Software Rocks Wall Street


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