RetailMeNot Shares Rise 34% After IPO

Texas-based digital coupon provider RetailMeNot’s stock increased by 34 percent after its initial public offering (IPO) on July 19, VentureBeat reported.

On July 18, the company priced its stock at $21 per share and raised $191 million. By mid-morning on July 19, the media outlet indicated that its stock was trading at $28.21 per share.

RetailMeNot is now listed on the Nasdaq exchange under the ticker symbol SALE.

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