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Rating:Don't Expect Fireworks for Artisan IPO Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 05, 2013

Don't Expect Fireworks for Artisan IPO

News summary by MFWire's editors

After two years of trying, the Artisan IPO is finally coming to market.

The launch is expected for this week at a market cap of of about $322 million, or roughly $27 to $29 per share for 11.5 million shares.

But don't expect any fireworks for this public offering.

According to an expert on Investorplace.com, smart grid energy company Silver Spring Networks will likely steal all the attention from investors.

Why? The Artisan deal is "fairly small" and "probably will not get much attention."

Read more on the subject here

Edited by: Tommy Fernandez

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