Global Water Resources Stock Pops In Trading Debut

By Markets MarketWatch Pulse

Shares of Global Water Resources , a water resources company, opened at $8.13 Thursday, above the issue price of $6.25. The company sold 1,164,800 shares late Wednesday to raise about $7.3 million. It had previously set a price range of $5.25 to $6.25 a share and had planned to sell 1 million shares. Roth Capital Partners is the sole underwriter of the offering. Shares were trending down shortly after the opening to hover around $6.70.

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