20130422-Blackhawk Completes IPO, Valued At $1.35 Billion

Safeway-owned Blackhawk Network Holdings has completed its long-awaited IPO. It raised $230 million and by the end of its first day of trading reached a market capitalization of $1.35 billion. What has investors so high on Blackhawk, and where can we expect to see the prepaid player go from here?
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