Foster City, Calif. -- Shares of Foster City-based E2open fell 9% on their first day of trading Thursday after the developer of cloud-based collaboration software raised $70.5 million in its initial public offering (IPO). The company priced its shares at $15, the low end of its expected price range of $15-$17. Shares closed Thursday at $13.60. The company, whose software is designed to help companies more efficiently collaborate with their trading partners, is now trading on the Nasdaq Global Market under the symbol "EOPN."
http://www.e2open.com/
http://www.e2open.com/news/article/e2open-announces-pricing-of-initial-public-offering/
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