Castlight Health IPO Scores As Health Cost-Cut Play

By | March 14, 2014

Scalper1 News

Cloud-based enterprise software firm Castlight Health vaulted 149% Friday after pricing its IPO above its expected range late Thursday, as investors bet on a nascent information technology company that promises to help people navigate the increasingly complex health care market. Castlight (CSLT) priced its 11.1 million shares at 16, above its expected range of 13 to 15, which it had just raised on Tuesday from a 9-to-11 range. Such sequential Scalper1 News

Scalper1 News