Tuesday, 10 November 2009

ACOM (Ancestry.com) falls below initial offerring price

On Monday ACOM shares closed at $13.42, down $0.53 on the day and below the initial offer price of $13.50. It traded as low as $13.40 and has traded as high as $16.32. The price range initially announced was $12.50 to $14.50, so it remains well within that range.

Volume on Monday was 954,335, representing 12.9% of the shares outstanding.


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