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Everspin Technologies (MRAM) Prices 5M Common Stock IPO at $8/Share, Below Recent Expectations

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Everspin Technologies (MRAM) IPO Opens Up 14%

October 7, 2016 11:30 AM EDT

Today's IPO for Everspin Technologies, Inc. (Nasdaq: MRAM) opened for trading at $9.10 after pricing it initial public offering of 5,000,000 shares of its common stock at a public offering price of $8.00 per share, below the expected $11-$13 range.

Stifel and Needham & Company are acting... More