LINE Corp (LN) Breaks Below IPO Open

LINE Corp (LN) Shares Flat Early Following Solid IPO

Hot IPO LINE Corp (NYSE: LN) is flat in early trading following a strong debut on Thursday. The ADSs closed up 26.6 percent yesterday on strong volume.

Notable Analyst Rating Changes 7/14: (GSK) (RRC) (SO) Upgraded; (ATW) (BRCD) (INFO) Downgraded

UPGRADES
Jefferies upgrades GlaxoSmithKline (NYSE: GSK) from Hold to Buy.

Imperial Capital lifts Range Resources (NYSE: RRC) from In-Line to Outperform and moves its price target from $45 to $55.... More

LINE Corp (LN) IPO Opens Up 28%

Today's IPO for LINE Corp (NYSE: LN) opened for trading at $42 after pricing 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares (ADSs) offered in the United States and elsewhere outside Japan at... More

LINE Corp (LN) Affirms Listing of ADS on NYSE

LINE Corporation (NYSE: LN) announced that, after obtaining the necessary legal and regulatory approvals, it has listed its American Depositary Shares (ADS) issued under the following sponsored American Depositary Receipt (ADR) program (Level 3) on the New York Stock Exchange (NYSE) on July 14, 2016 (EDT):

1.... More

Jefferies Starts IPO Line Corp. (LN) at Buy

Jefferies initiates coverage on today's IPO Line Corp. (NYSE: LN) with a Buy rating and ¥4,200 price target, saying it has a near-monopoly platform positioned at moible ad market.

Analyst Atul Goyal commented, "We initiate on LINE Corp at Buy. It is a... More

5 Facts About the LINE Corp (LN) IPO as It Lights Up Wall Street

(UPDATED 10:10AM) The highly-anticipated IPO for LINE Corp (NYSE: LN) hit the New York Stock Exchange today. Shares of the Japan-based mobile messaging and communication service opened for trading at $42 after pricing 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares ("ADSs") offered in the United States and elsewhere outside Japan at a price to the public of ¥3,300 per share or $32.84 per ADS and 13,000,000 shares of common stock offered in Japan at a price to the public of ¥3,300 per share. This... More

Line (LN) IPO nearly 25 times oversubscribed - Nikkei

Line IPO nearly 25 times oversubscribed, Nikkei reports. The company plans to list shares on he Tokyo Stock Exchange under the securities identification code "3938" and on the New York Stock Exchange under the symbol "LN."

For more on the upcoming offering, click here.