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NetSuite Doubles IPO Price

Surge of interest sees the price for the on-demand software vendor soar to $26

By Jim O'Neill,  Newser User

Posted Dec 20, 2007 5:11 AM CST

(Newser) – On-demand software vendor NetSuite has doubled the price on its IPO after a Dutch-auction-style bidding war over the past two days saw investor interest surge. After originally pricing the offering at $13-$16, NetSuite bumped it to $16-$19 Tuesday and then $19-$22 yesterday. Late last night...   Read full story »

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