Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% Percent From Its IPO Price

Post from http://www.danieluk.net

 Apigee, a company that helps organizations build and manage API connectors, went public this morning at $ 17 per share, briefly jumping to $ 20 per share before closing at $ 16.68, down 1.88 percent in its first day of regular trading. After-hours, the company is flat. The company sold 5,115,000 shares in its IPO, raising $ 87M according to its CEO Chet Kapoor. It trades under the symbol… Read More

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Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% Percent From Its IPO Price http://www.danieluk.net/news/apigee-closes-its-first-public-day-worth-16-68-per-share-down-1-9-percent-from-its-ipo-price/