Electronics Boutique Announces IPO
The famous emporium of videogaming culture goes public.
The computer and video game retail chain Electronics Boutique announced that it has completed an initial public offering (IPO) of five million shares of Common Stock, to be sold at $14 a share. The stock will be known as ELBO on the NASDAQ market.
At the end of trading on Tuesday, Electronic Boutique stock raised slightly to 14 1/16 before stabilizing throughout the day at 13 1/2 points.
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