Rubicon Project Soars, Continuing ‘Record’ IPO Pace

By | April 2, 2014

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Digital ad firm Rubicon Project’s stock jumped 34% in its Wednesday debut, kicking off what could be a strong Q2 IPO market following the biggest Q1 since 2000. “Things appear to be going well,” Rubicon (RUBI) CEO Frank Addante said in a midday phone interview from New York. The IPO is “just one milestone” for Rubicon as it eyes a big slice of the $100 billion online ad market, said Addante. Rubicon stock closed at 20.09 after rising as high as Scalper1 News

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