Blog: IT
OCZ's IPO Results
Purav Sanghani - June 22, 2006 3:24 AM
OCZ gained 11% on its initial public offering
For those interested, OCZ did finally have its initial public offering (IPO) today on the London Stock Exchange. The company offered 7.5 million shares at 65 pence (about $1.2 USD) per share. However, the market opened strong and OCZ.L stock hit 80 pence almost immediately. By the end of the first day of trading, the stock had closed at 72.5 pence per share -- roughly an 11% gain. This puts the company's market cap just about $10 million USD.
OCZ is an advertiser for DailyTech.com.
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