News Brief
Demand Media Shares Exceed Demand, Spike 35% In First Day Of Trading
Jan 27, 2011, 8:15 AM
Robo publisher Demand Media began trading shares as a public company Wednesday, and based on its initial day of trading its shares soared 35% over their initial offering to close at about $23, and paving the way of what is expected to be a new round of heady Internet stock offerings.
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