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Software specialist LogMeIn(LOGM Quote) burst out of the gate on its first morning as a publicly traded company, with shares surging past their $16 offering price.
The company's IPO had already generated plenty of buzz, and LogMeIn's shares were soon changing hands for more than $20 in morning trading.
Before the market opened Wednesday, LogMeIn announced that it was pricing its shares at the high end of its $14 to $16 range, and hopes to raise $107.2 million in its IPO. ...
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