Gigamon (GIMO) Peers on Watch Following Strong IPO (JNPR) (BRCD) (EXTR)

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Gigamon (GIMO) IPO Opens 21% Higher

June 12, 2013 9:54 AM EDT

The IPO for Gigamon (NYSE: GIMO) opened for trading at $23.08 after pricing 6,750,000 shares at $19 per share, the middle of the expected $18-$20 range.

Goldman, Sachs & Co., BofA Merrill Lynch and Credit Suisse are acting as lead joint book-running managers for the IPO,... More