Moelis & Co Shares Rise 9 Percent In DebutMani
Moelis & Co (NYSE:MC) sold 6.5 million shares in its debut after pricing its IPO at $25 a share and the shares held their gains in early trading.
This marks the first U.S. initial public offering of an investment bank since the financial crisis.
Moelis valued at $1.36 billion
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