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Investors double-down on Verisk IPO

Verisk Analytics isn't a catchy name but it has caught the interest of investors. The data analytics company was able to issue 85.25 million shares at $22 each for its IPO, raising a cool $1.9 billion. So far in today's trading, the shares of the company are up 30% to $28.59.

Basically, Verisk helps businesses deal with risk, with the main focus on property & casualty exposures. For example, the company's models can help predict the loss of a building due to a fire.

Continue reading Investors double-down on Verisk IPO

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Last updated: May 27, 2012: 11:53 PM

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