Yandex (YNDX) IPO Surges Higher
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The IPO for Russia's most popular search engine Yandex N.V. (Nasdaq: YNDX) is open for trading. Shares are trading at $35 after pricing 52,174,088 shares at $25 per share, well above the expected $20 - $22 per share range.
The offering is being made through Morgan Stanley, Deutsche Bank, Goldman Sachs, Piper Jaffray, and Pacific Credt Securities.
Yandex is the leading internet company in Russia, operating the most popular search engine and the most visited website.
The offering is being made through Morgan Stanley, Deutsche Bank, Goldman Sachs, Piper Jaffray, and Pacific Credt Securities.
Yandex is the leading internet company in Russia, operating the most popular search engine and the most visited website.
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