Ad tech provider Rocket Fuel shares nearly double in debut

By Avik Das (Reuters) - Shares of advertisement technology company Rocket Fuel Inc nearly doubled in their debut as investors flocked to grab a piece of the company that has shown impressive revenue growth. The company, which helps customers place their ads on websites and mobile networks, sold 4 million shares at the top end of its price range of $27-$29 per share, raising $116 million. Shares of the company closed at $56.10 on the Nasdaq on Friday after touching a high of $62.50, valuing the company at $2.03 billion. About 5. ...



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