AppFolio (APPF) IPO Prices at $12, Below Expected Range

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AppFolio (APPF) IPO Opens Modestly Higher

June 26, 2015 11:17 AM EDT

Today's IPO for AppFolio (NASDAQ: APPF) opened for trading at $12.15 after pricing its initial public offering of 6,200,000 shares of its Class A common stock at a price to the public of $12 per share, the low end of the expected $12-$14 range.

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