LogMeIn soars on first day of trading
LogMeIn (NASDAQ: LOGM) shares shot up 25% to $20.02 on Wednesday in its stock market debut. Its initial public offering of 6,666,667 shares was priced to the public at $16.00 a share. The company is a provider of on-demand, remote-connectivity solutions to small and medium-sized businesses, IT services providers and consumers.
