Ecommerce Consulting and Technology Research

Netsuite rocks on IPO

December 21, 2007

Who’da thunk. Netsuite debuted on the NYSE yesterday with its IPO under the symbol “N.” The maker of small business software, including its SMB ecommerce platform, jumped in value more than 36% in its first day. It closed at $35.50. The company has never turned a profit and is majority owned by Larry Ellison of Oracle.

Netsuite surges on IPO

Shares were up another few dollars this morning on pre-market trading.

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