The company priced its initial public offering of 17.5 million shares at $22, slightly greater than the expected range of $19 to $21, and raised $385 million.
The stock hit a high of $24.41 and dipped to a low of $21.90 as of 11:30 a.m., by which point more than 12 million shares had changed hands.
Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. RIGP Price data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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