IPO ACLI
The IPO, the first shipping firm this fall to price at the top end of its range, was bid up in anticipation of a boost from Hurricane Katrina rebuilding efforts.
The Gulf of Mexico and Mississippi River water cargo transport supplier saw its shares open at $27.05, well above the $21 IPO offering price. Shares rose to $27.60 in recent action.
The Gulf of Mexico and Mississippi River water cargo transport supplier saw its shares open at $27.05, well above the $21 IPO offering price. Shares rose to $27.60 in recent action.
posted by Gordengekko at 3:38 PM
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