Vantiv IPO Opens Higher - TheStreet

NEW YORK (

TheStreet

) -- Shares of

Vantiv

(VNTV) were rising Thursday on their first day of trading.

Shares of the payment processor rose 13.7% to $19.33. The initial public offering of Vantiv, formerly known as Fifth Third Processing Solutions, was priced on Wednesday at $17 a share.

-- Written by Joe Deaux in New York.

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