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Friday, November 13, 2009
Rue21, Dollar General Climb On First Day Of Trade
By Michelle Donley
MarketWatch Pulse
NEW YORK -- Teen-apparel retailer rue21 made its market debut Friday, soaring more than 20% to $23.03 in early trade. The company had priced its offering of about 6.77 million shares at $19 each, above the expected range of $16 to $18. Discount retailer Dollar General Inc. , which also priced its IPO late Thursday, was lately up nearly 9% on its first day of trading.
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