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Coupons.com cashed in a winning ticket Friday with an initial public offering that nearly doubled on its first day of trading. The website provider of digital coupons priced at $16, above the expected $12-$14 range. The NYSE-listed stock opened at 27, climbed to 33 intraday before closing up 88% at 30.01. Coupons.com (COUP) raised $168 million by selling 10.5 million shares. An early digital coupons entrant was RetailMeNot (SALE), Scalper1 News
Scalper1 News