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TechTarget shares begin trading on NASDAQ

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Needham, Mass.—IT media company TechTarget Inc. last week made its initial public offering of 7.7 million shares of common stock at $13 a share. The shares started trading Thursday on the NASDAQ Global Market under the symbol TTGT. The company said it intends to use proceeds of the offering to reduce its debt and develop new products. The shares were trading around $15 Tuesday.
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