July 22, 2010 by staff
Green Dot:(Wall Street Journal) — IPO debit card provider Green Dot Corp. ‘s up 20% on your first trading Thursday after the pricing above its expected range, which overshadowed the debut of energy efficiency specialist Ameresco Inc.
Green Point, which sells prepaid debit cards through mass merchandisers including Wal-Mart Stores Inc., opened at 43.15 and well above its initial public offering price of $ 36, which was above the range expected and 32 ay 35, in New York Stock Exchange. More shares were also sold than expected, although the offer was still quite small-4.6 million.
Meanwhile, shares opened at Ameresco and 10.25 per share New York Stock Exchange, up 2.5% from their IPO prices and 10. A total of 8.7 million shares were sold at a price far below its expected range and 14 to $ 16.
Ameresco focuses on energy efficiency services to help reduce costs and improve environmental impact of North American facilities.
The two deals are the final bids are expected this week in the U.S. Another offer that was scheduled for Thursday trade, doctors Inc. SurgiVision device maker lowered its price range on Wednesday and pushed its offer for next week.
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