Friday, March 7, 2014

Coupons.com Pops In IPO Debut

Mountain View-based Coupons.com popped in its IPO debut Friday morning, trading as high as $33 per share in trading during the day, a huge win for the secondary investors who took a big stake in Coupons.com back in 2011. Coupons had priced at $16.00 per share last night, well above the original $12.00 to $14.00 range the company had estimated prior to the IPO. Coupons.com was venture backed by Passport Ventures, T. Rowe Price, Abu Dhabi Investment Council, and Greylock Partners.