It has been a while since a new tech company debuted with outstanding numbers out of the gate. Internet security firm FireEye bucked that trend yesterday, nearly doubling their IPO price at its peak on the first day.
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The hot tech startups live again: FireEye closes up 80% after IPO
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Published September 21, 2013
TECHi's Take
After pricing yesterday at $20, shares of the Internet security firm FireEye rose by more than 90 percent as they debuted on the Nasdaq exchange today.
The shares closed at $36 even, up exactly 80 percent on their first day of trading.
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