Zipcar up 58% in Nasdaq debut
Business Thursday, April 14th, 2011
Zipcar Inc (ZIP.O) soared 66 pct in early Nasdaq trading on Thursday as investors sought to buy into the leader of the growing the United States car-sharing industry. Shares added $10.10 in their debut to trade at $28.40, after the IPO raised $174.3 million on Wednesday, having attracted enough demand to sell more shares [...]