OpenTable Jumps 50% After IPO


OpenTable’s IPO priced yesterday at $20, more than 50% the $12-$14 range predicted earlier in the week.

It started trading today at $24.50. And the stock had a quick pop to $30 in its first hour on the market — 50% over the issue price.

It’s since settled to $26.85, about 35% above its issue price.

opentable chart first day

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