Wednesday, January 26, 2011

Demand Is Strong For Demand Media IPO

Content farm Demand Media's stock officially debuted on the New York Stock Exchange under the ticker symbol ?DMD? after its IPO, in which it raised $151.3 million and was valued at just under $1.5 billion. And on its first day as a public company, Demand Media's stock is performing well. The stock is up 36 percent from an initial pricing of $17 to $23.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/JP7z-yH9MCA/

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