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On-demand business management application designer NetSuite revises price range again

December 19, 2007
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In a sign of extremely strong demand, on-demand enterprise software provider NetSuite boosted its IPO price range for the second time in as many days on Wednesday. The company now plans to price their offering of 6.2 million shares at a range of $19 to $22, up $3 from yesterday's revised range of $16 to $19. The company originally planned to offer their shares at $13 to $16. Credit Suisse and WR Hambrecht are the underwriters on the deal.