Xoom (XOOM) Peers Move Higher on Strong IPO Showing (WU) (MGI) (FLT)
Tweet Send to a Friend
Down)
Xoom Corporation (Nasdaq: XOOM) is having a strong strong with its IPO opening above the expected price of $16 Friday morning. Shares are up 37 percent at last check, hanging around $22.
With its S-1 filing, Xoom billed itself as, "a pioneer and leader in the online consumer-to-consumer international money transfer industry." Peers in the segment are getting a little boost from the interest in Xoom today. Names include Western Union (NYSE: WU), Moneygram Int'l (NYSE: MGI), Euronet Worldwide (Nasdaq: EEFT), Global Cash Access (NYSE: GCA), FleetCor Tech (NYSE: FLT), among others.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
With its S-1 filing, Xoom billed itself as, "a pioneer and leader in the online consumer-to-consumer international money transfer industry." Peers in the segment are getting a little boost from the interest in Xoom today. Names include Western Union (NYSE: WU), Moneygram Int'l (NYSE: MGI), Euronet Worldwide (Nasdaq: EEFT), Global Cash Access (NYSE: GCA), FleetCor Tech (NYSE: FLT), among others.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Tableau Software (DATA) IPO now indicated $45-$48
- Qihoo 360 (QIHU) Hits 52-Week High Into Q1 Results
- Will Erickson Air-Crane (EAC) Stock Crash and Burn?
Create E-mail Alert Related Categories
IPOs, Trader TalkRelated Entities
S1
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
