Shares in Avanex Corp. rocketed more than 370 percent Friday during the Fremont-based company’s initial public offering. Avanex, which makes products to optimize fiber-optic networks, closed the day at $172 after opening trading at $36 per share.
Avanex IPO rockets 378 percet
Shares in Avanex Corp. rocketed more than 370 percent Friday during the Fremont-based company’s initial public offering. Avanex, which makes products to optimize fiber-optic networks, closed the day at $172 after opening trading at $36 per share.
CLEAR®, CLEAR VENTURES®, CLEAR VENTURE PARTNERS™, CLEARVP™, CLEAR VENTURE MANAGEMENT™, CLEAR INDUSTRY PARTNERS™, and the logos associated therewith are trademarks of Clear Venture Management LLC and are protected by trademark laws of the United States and other countries. All other product and company names are trademarks or registered trademarks of their respective companies
Get the Clear Ventures Newsletter