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Ruckus Wireless Closes IPO Day At $12.25 Per Share, 18% Below IPO Price

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Wi-Fi equipment maker Ruckus Wireless held an initial public offering on the New York Stock Exchange this morning at a share price of $15. It raised $126 million. While it was a nice move for the company, as well as its venture capital investors (Sequoia Capital, Sutter Hill Ventures and others had provided some $54 million in funding for the eight-year-old ... Read more

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Source  techcrunch.com
Tags       ipo share price ruckus

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