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Short Take: DoubleClick added shares hit the floor

Internet advertising firm DoubleClick announced that an additional 2.5 million shares of its common stock priced at $34.4375 per share will begin trading. The company plans to use the proceeds, as much as $86.09 million, for the expansion of its international operations and sales and marketing capabilities. The stock was at 35.63, and has reached a high of 77.13 and a low of 13.5 in the past 52 weeks.

    Internet advertising firm DoubleClick announced that an additional 2.5 million shares of its common stock priced at $34.4375 per share will begin trading. The company plans to use the proceeds, as much as $86.09 million, for the expansion of its international operations and sales and marketing capabilities. The stock was at 35.63, and has reached a high of 77.13 and a low of 13.5 in the past 52 weeks.