MutualFundWire.com: LPL Climbs on Day One
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, November 18, 2010

LPL Climbs on Day One


LPL's first day on the Nasdaq was a good one. The Boston and San Diego-based independent broker-dealer's stock price rose more than seven percent from the IPO price of $30 per share to close at $32.19.

With a reported 107 million shares outstanding (see The MFWire, 11/18/2010), that puts LPL's new market cap at more than $3.44 billion.


Printed from: MFWire.com/story.asp?s=35173

Copyright 2010, InvestmentWires, Inc.
All Rights Reserved
Back to Top