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The IPO market maintained its momentum Thursday with a positive performance by two technology-based new issues. There have been 121 initial public offerings thus far this year, up 53% from the same period a year ago. MobileIron (MOBL) raised $100 million by offering 11.1 million shares at 9, the midrange of its estimated pricing. The stock was trading near 10.58, up 17.6%, in midafternoon trading on the stock market today. The company provides a Scalper1 News
Scalper1 News