NEW YORK (TheStreet) -- Care.com surged by more than 30% on Friday, the Boston-based company's first day of trading after its initial public offering.
The company, which finds caretakers online for children, senior, special needs people, pets and more, offered 5.3 million common shares at $17 a share. It was expected the IPO would be priced at $14 to $16.
The stock soared to a high of $23.22 on Friday, a 32% increase from its opening price, on volume of more than 5.3 million shares.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV