China Nepstar IPO Investors Get Their Drug Fix
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
November 12, 2007|
Going into this week, China Nepstar (NYSE: NPD) had a price range on its public offering at $11.50-$13.50. Well, as is usual for Chinese IPOs, it was too low. Thursday, China Nepstar priced its shares at $16 and as of this writing, the stock is up 17%.
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