Verasun soars on debut
According to Anuj Gangahar from the FT:
Shares in VeraSun opened for trading nearly 22 per cent above the offer price at $28. The stock closed at $30 in New York.
The company and stockholders had sold 18.25m shares at $23 each through the IPO, according to the company, exceeding the $21 to $22 range forecast in an earlier regulatory filing.