CNET también está disponible en español.

Ir a español

Don't show this again

Internet

Short Take: Multex.com raises $42 million in IPO

Multex.com, which distributes Wall Street research reports on more than 15,000 companies, raised $42 million in an initial stock sale. The company sold 3 million shares at 14 each, or 1 more than the 11 to 13 range set by underwriter BancBoston Robertson Stephens. The shares amount to a 14 percent stake in the company and give it a market value of $295.6 million.

    Multex.com, which distributes Wall Street research reports on more than 15,000 companies, raised $42 million in an initial stock sale. The company sold 3 million shares at 14 each, or 1 more than the 11 to 13 range set by underwriter BancBoston Robertson Stephens. The shares amount to a 14 percent stake in the company and give it a market value of $295.6 million.