ISE IPO Soars
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Today's IPO for International Securities Exchange (NYSE: ISE) is soaring, hitting an intra-day high of $28.59, after pricing at $18 per share.
The question is: "How did the underwriters, who control part of the company, price it so wrong?" Maybe they didn't.
The question is: "How did the underwriters, who control part of the company, price it so wrong?" Maybe they didn't.
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