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PZN News

Worst weekly perfomers: Rubicon Technology, Pzena Investment Mgmt, VanceInfo Technologies Inc.

The following companies were the worst performing IPOs over the last five trading sessions:

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NEWS ALERT: IPOs hitting new lows today: WSP Holdings Limited, Agria Corporation, and more...

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The following new issues closed at a new low today:

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Investment manager Pzena Investment Management prices at $18, top of the range

PZN

Pzena Investment Management, a deep value investor with nearly $29 billion under management, priced its 6.1 million share offering at $18 per share, the high end of its $16-$18 range. Goldman Sachs and UBS acted as joint bookrunners on the deal. The stock is...read more

Pzena Investment Management announces terms

PZN

Pzena Investment Management, which manages $28.5 billion, filed terms with the SEC Wednesday for its upcoming IPO. The company plans to offer 6.1 million shares at a price range of $16 to $18 per share. Goldman Sachs, Credit Suisse, and UBS are the joint book...read more

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