IPOs Keep Rolling On
It was not the most auspicious way to make a public debut. Verigy (VRGY), a producer of test systems for the semiconductor industry, estimated the price of its IPO at $16 to $18 in a June 12 SEC filing. But when the offering went out the next day, the price was lowered to $15 for the Agilent Technologies (A) spin-off.
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