21Vianet Group (VNET) IPO Jumps Higher

April 21, 2011 11:05 AM EDT Send to a Friend
The IPO for 21Vianet Group, Inc. (Nasdaq: VNET) is open for trading. Shares are trading at $20.83 after pricing 13,000,000 American depositary shares (ADS) at $15 per ADS, well above the expected $12-$13 range which was recently raised.

Morgan Stanley, Barclays Capital Inc. and J.P. Morgan Securities LLC acted as joint bookrunners.

21Vianet is the largest carrier-neutral Internet data center services provider in China.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Hot IPOs, IPOs, Trader Talk

Related Entities

JPMorgan, Morgan Stanley, Barclays

Add Your Comment