SodaStream (SODA) IPO Pops

November 3, 2010 10:56 AM EDT
The IPO for SodaStream International Ltd. (Nasdaq: SODA) is open for trading. Share are trading at $23.33 after pricing 5.45 million share IPO at $20, the top end of the expected $18-$20 range.

The offering is being made through J.P. Morgan, Deutsche Bank Securities, William Blair & Company, Oppenheimer & Co., Stifel Nicolaus Weisel, and Roth Capital Partners.

SodaStream manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water.

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