Convio shares rise in IPO debut after pricing low (AP)
NEW YORK – Shares of Convio are up in their mart entry weekday after the code consort priced its initial open substance low, upbringing $46.2 million.
The Austin, Texas consort priced 5.1 meg shares at $9 weekday night, beneath the due arrange of $10 to $12.
Convio’s code and services are fashioned to support noncommercial organizations improve money.
The shares, trading on the Nasdaq Global Market low the symbolisation “CNVO,” are up 70 cents, or 7.8 percent, to $9.70 in farewell trading.
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