Mp3.com IPO today - raise up to 158%!

Written by Petteri Pyyny @ 21 Jul 1999 9:57

Mp3.com announced its IPO! This IPO has been a muchly anticipated event for online Mp3 and music fans and especially for those lucky investors who already have a few shares. Prior to the IPO, Mp3.com had raised their inital stock price several times from the first announced $9. When the stock was finally made available for trading earlier this morning, it started at $28. Right now the stock is at $70 and has already hit a peak of $103!

(edited from the article in www.eatsleepmusic.com)

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