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Monster Digital (MSDI) IPO Opens Lower

July 8, 2016 10:24 AM EDT

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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