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Los Angeles-based online e-commerce retailer Newegg says it is expanding its services to help its vendors, with a new "Direct-to-Consumer" initiative. According to Newegg, the effort helps its vendor partners "maximize their reach" within the Newegg platform. Pricing on the new service were not announced. READ MORE>>.
RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M Tags: financing public market acquisition merger reald. With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. shares of its common stock.
per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 The firm's stock was up in its debut despite a down market for the day, with the NASDAQ down -4.11 The firm sold 4,166,667 shares of stock at $13.00 during the day. percent to 2,204.01.
Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.
Irvine-based Advantage Solutions , which provides technology-enabled sales and marketing services to manufacturers and retailers, has acquired Quantum Networks , a New York City-based e-commerce retailer and agency. Advantage Solutions says Quantum Networks also is on eBay, Newegg, Walmart.com, Reverb, and Google Shopping.
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