The company, which creates technology that automates the buying and selling of advertising, priced its initial public offering at $15, the low end of its $15 to $17 range. Rubicon lost $9.2 million on sales of $83.8 million in 2013, up from $2.4 million and $57.1 million, respectively, in 2012.
Must Read: Warren Buffett's 10 Favorite Stocks
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts