Strong debuts of four new listings on Friday put a shine back on the IPO market after a wobbly debut last week by "Candy Crush Saga" maker King Digital Entertainment Plc brought a bustling market back to earth. Online food delivery service GrubHub Inc saw its shares soar as much as 57 percent in one of the biggest first-day jumps so far this year. Shares in Healthcare IT company IMS health , software maker Five9 Inc and energy software company Opower Inc also jumped well above their offer prices. "The King offering was so oversubscribed and failed miserably but there is certainly a lot of appetite for new issues which goes to show that the IPO market is not deal specific," said Jack Ablin, chief investment officer at BMO Private Bank.
via Health News Headlines - Yahoo News http://ift.tt/OidZ22
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