After a rough week, six initial public offerings (IPOs) priced at sensible levels. One priced below the range, a couple at the high end, a couple in the middle. Yesterday's double-digit rally in three offerings have greatly reduced the anxiety that was created when King Digital IPO fizzled on Wednesday.
On the Big Board:
1) Aerohive Networks, a cloud-based mobile network platform for businesses, priced 7.5 million shares at $10, in the middle of the $9 to $11 range;
3) Online health-related content provider Everyday Health priced 7.1 million shares at $14, in the middle of the $13 to $15 range.