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09-08-2013, 11:58
Parent Category: News | 09-08-2013Digital online video brand advertising solutions provider YuMe has opened trading for initial public offering by ringing the famous Opening Bell at the New York Stock Exchange.The opening price of the 5,125,000 shares of common stock was $9 per share with underwriters granted a 30-day option to purchase up to an additional 768,750 shares of YuMe common stock from certain selling stockholders at the IPO price.Citigroup, Deutsche Bank Securities and Barclays are acting as joint book-running managers for the offering. Needham & Company and Piper Jaffray are acting as co-managers."As consumers