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Strategies & Market Trends : IPO and Other Stock Plays

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From: david7775/5/2005 10:36:14 PM
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Specialty retailer Zumiez prices 3.1 million shares at $18
5/5/2005

In a sign of strong demand, action sports-related apparel and equipment retailer Zumiez priced its offering of 3.125 million shares at $18, above its proposed $15-$17 range. Zumiez was founded in 1978 and has since expanded its retail store base to 140 locations in 18 states. Wachovia Securities, Piper Jaffray and William Blair managed the IPO. The stock is expected to commence trading on the NASDAQ under the ticker "ZUMZ" on Friday.
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