Shares of high-profile real-estate website Zillow more than doubled in price and headphone maker SkullCandy’s shares leaped in their initial public offerings Wednesday, after both debuted well above their expected ranges.
Investors looking for the next big Internet darling snapped up shares of Zillow, which opened at $60 a share, up 200 percent from its $20 pricing. It was the strongest IPO open in the past 10 years, according to IPOFinancial.com. By early afternoon, shares were up 95 percent.
Full story: Zillow IPO doubles, SkullCandy leaps, in debut