/// FireEye Takes Off as Shares Rise 80 Percent in IPO Debut
After pricing yesterday at $20, shares of the Internet security firm FireEye rose by more than 90 percent as they debuted on the Nasdaq exchange today. The shares closed at $36 even, up exactly 80 percent on their first day of trading. I had a quick chat with CEO Dave Dewalt. Here’s a little of what we talked about: AllThingsD: Dave, as we speak, your shares are up 96 percent from where you priced. I guess you can call that a pretty good day. Dewalt: There’s still a few hours to go, so I’m crossing my fingers. So let’s take it from the top. I know you’re a security firm, but what is it exactly that you do? The company developed some really interesting technology.
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FireEye Takes Off as Shares Rise 80 Percent in IPO Debut