Ooma, Inc. (OOMA) Prices 5M Common Stock IPO at $13/Share, Missing Expectations

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Ooma (OOMA) IPO Opens Down 7%

July 17, 2015 9:45 AM EDT

Today's IPO for Ooma, Inc. (NYSE: OOMA) opened for trading at $12.10 after pricing 5,000,000 shares of its common stock at a price to the public of $13 per share, which was below the $16-$18 range.

Credit Suisse Securities (USA) LLC, BofA Merrill Lynch and JMP... More