QIWI plc (QIWI) Peers Move Higher Following Strong Debut (PAY) (MGI) (EBAY)

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QIWI plc (QIWI) IPO Opens Flat

May 3, 2013 10:46 AM EDT

The IPO for QIWI plc, (NASDAQ: QIWI) is open for trading. Share are trading at $16.95 after pricing 12,500,000 Class B Shares in the form of American Depositary Shares (ADS) at a price of $17 per ADS, the middle of the expected $16-$18 range. The offering size was boosted from 12,000,000.

J.P. Morgan Securities LLC and Credit Suisse Securities (USA)... More