Friday, November 18, 2011

Angie?s List Shares Pop Over 30 Percent To Open $18 Per Share, Valued At Nearly $900M

angies-listAngie?s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, priced its IPO at the high end of the range, at $13 per share last night, and today is starting to trade on the Nasdaq under the symbol ?ANGI.? This morning Angie's List opened at $18 per share, a nearly 40 percent increase from its pricing last night. At $18 per share, Angie's List would be valued at a nearly $900 million market cap. Angie's List raised $114 million in the offering.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/xABc1tEho5o/

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