VASTERA COMPLETES IPO
Vastera, the provider of Web-based global trade management services, went public Thursday on the Nasdaq exchange.
The Dulles, Va.-based company offered an inital 6 million shares, with an original offering price of $14 per share.
The stock opened at 16 3/8, reached a high of 18 and closed at 17 1/4 after 10.8 million shares were traded.
Deutsche Banc Alex. Brown, Chase H&Q and Banc of America Securities LLC were the lead underwriters of the IPO.
Vastera trades under the VAST symbol.
VASTERA COMPLETES IPO
