Monster Digital (MSDI) IPO Opens Lower
Today's IPO for Monster Digital (NASDAQ: MSDI) opened for trading at $4.00 after pricing 2.5 million common shares at $4.50, the low end of the expected $4.50-$5.00 range.
The offering was led by Axiom Capital Management and WestPark Capital, Inc.
The company makes action cameras.
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