NEW YORK shares of Zipcar Inc., car-sharing service a US popular with college students and city dwellers, rose 66 percent in early trading on Thursday following the initial public offering enough demand, more shares and price than the expected sale attracted NASDAQ.
$11,88 In her debut for trading at $29.88 added shares, following the initial public offering Wednesday raised$ 174.3 million.
Shareholders of the company sold 1.4 million more shares as originally planned in the initial public offering price of $18 per share, over the proposed range from $14 to $16 price.
And Zipcar is almost a decade old, a leading provider of so-called car-sharing, a service, the customers car a hourly or daily rate and Park in convenient rent may stains.
The service is especial popular in urban areas and college campus, where less people of own cars and parking is scarce and expensive.
The model has on so much, that have larger car rental Holdings Inc caught, such as such as Hertz global, company launched Holdings Inc and U-Haul, owned by Amerco, rival car-sharing services.
Zipcar is revolution by venture-capital investors including Steve case life, benchmark capital, Greylock Partners and Smedvig capital support.
Zipcars are above all the streets of 14 major cities and roaming 230 college campuses around the United States, Canada and the United Kingdom. Expand in Europe, about a year ago next Zipcar bought a British peer, tramway Ltd.
In February, the company of former eBay added Inc. CEO Meg Whitman Board.
The company said it planned, the proceeds from the initial public offering mostly to debt-part on tram former shareholders-pay off, but also its expanding business, marketing and service selection use.
Goldman Sachs and JPMorgan led underwriters on the initial public offering.
Copyright 2011 Thomson Reuters.
0 коммент.:
Post a Comment