New Relic (NEWR) IPO Opens Up 31%
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New Relic (NEWR) IPO Prices at $23, Above Expected Range
December 12, 2014 7:38 AM ESTNew Relic, Inc. (NYSE: NEWR) announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a price to the public of $23 per share, above the expected $20-$22 range which was recently raised from $18-$20. The shares are expected to begin trading on the New York Stock Exchange today, under the symbol "NEWR."
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