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ITG Shares Rise in Nasdaq Trading Debut

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ITG (ITG) shares rose more than 8% in their Nasdaq trading debut on Wednesday after the digital infrastructure company priced its initial public offering of about 19.5 million shares at $16 apiece to raise net proceeds of $279.2 million.

The stock opened at $18 and rose as high as $19.26 on volume of about 1.7 million shares by early afternoon. The IPO is expected to close on Thursday

The company granted underwriters a 30-day overallotment option to buy up to an additional 2.9 million common shares.

Price: $17.47, Change: $+1.47, Percent Change: +9.19%

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