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Non-Tech : FIVE BELOW- We'll give them 24 months -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (1)	7/19/2012 2:03:50 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 27

Five Below Pops 53% in IPO Opening Article Comments Deal Journal HOME PAGE » smaller Larger By David BenoitFive Below is trading well above. The discount retailer, which targets teen shoppers, debuted on Nasdaq today with a 53% gain. The company had already boosted its IPO price range and priced at the top of that range, $17. Shares, which are trading under the symbol FIVE, recently changed hands at $26.44, up 56% from the offering price. That will help the already high average for first-day IPO pops seen this year and set a high bar for a list of other I POs coming this week, including long awaited Kayak Software and Palo Alto Networks. Palo Alto also boosted its price range this week and CNBC has reported Kayak plans to do the same. The 9.6 million shares being sold in Five Below’s offering were split between the company, which will use the proceeds for debt and general purposes, and shareholders. Its underwriters are led by Goldman Sachs, Barclays and Jefferies. Nasdaq touted the IPO in a press release this morning, welcoming the company and congratulating it on its offering.