EverBank Shares Climb Slightly in Public Debut
May 4, 2012- Share:
The shares of PE-backed EverBank Financial climbed slightly during their first day trading on the NYSE under the symbol EVER, closing at $10.60. The financial services company had priced its IPO of 19.22 million shares at $10 per share, below its already reduced expected price range of $11 to $12. EverBank's pre-IPO investors include Sageview Capital, New Mountain Capital, TPG Capital and Arena Equity Partners.
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