NXP IPO Falls Short
In late July, NXP said it expected to IPO at between $18 and $21, raising up to $714 million. (See Euronews: July 26.)
To add to its disappointment, NXP's share price dipped in its first few hours of trading by $0.35, or 2.5 percent, to $13.65.
— Ray Le Maistre, International Managing Editor, Light Reading