IPO News Archive
Synacor prices at $5, low end of the revised range
Synacor, which enables cable TV firms to offer consumers online content and services, priced its 6.8 million share IPO at $5, the low end of the revised $5-$6 range. The company had originally been seeking a price in the $10-$12 range. The stock is expected to list on the NASDAQ under the ticker "SYNC"; BofA Merrill Lynch and Citi were the bookrunners on the offering.