Razorfish raises $48 mil in IPO

Published on .

Most Popular
New York interacative agency Razorfish raised $48 million in its initial public offering April 27. It sold 3 million shares. The stock, which was initially priced at $16, opened at $35-1/2, went as high as 38-7/8 and closed the day at $33-1/2.

Copyright April 1999, Crain Communications Inc.

In this article: