OpenTable wins big with hearty IPO » VentureBeat

OpenTable wins big with hearty IPO » VentureBeat

VENTUREBEAT.COM - Online restaurant reservation site OpenTable (trading as OPEN) has stunned the market with the best IPO performance of any company since 2007 (Orion Energy Systems), reaping a 59 percent gain with share prices closing at $31.89 on the Nasdaq — a staggering upsell from its anticipated $20.The stock spiraled as high as $35.50, a 78 percent gain, as market analysts watched, both concerned that...

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