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Financial Engines Powers an IPO

Posted Mar 16th 2010 2:30PM by Tom Taulli (RSS feed)
Filed under: Personal Finance, Initial Public Offerings

Financial Engines, which provides online financial planning services, did something that hasn't been done this year; that is, price its IPO above the range. The company issued 10.6 million shares at $12 million. As for the price range, it was $9 to $11.

It's another sign that IPOs are warming up again -- at least for strong companies.


Continue reading Financial Engines Powers an IPO

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