Ad-Tech Specialist Marin Software Raises $105M In IPO As Shares Pop 40%, But Now Under $18

The first ad tech IPO of 2013 hit the NYSE today: Marin Software priced its 7.5 million shares at $14 each, raising $105 million at a valuation of $425 million. Trading under the symbol MRIN, the stock saw a small pop in its opening hour, rising by some 40% before going down again and currently trading under $18, a rise of some 20%-28% on the IPO price.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/tnLiOoeny-k/

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