Telecommunications company bandwidth made a steady Nasdaq debut on Friday after earlier overcoming price sensitivity to price its US$80m IPO at the bottom end of the marketing range. The latest in a string of low-growth tech IPOs, Bandwidth sold 4m primary shares or 23% of the outstanding at US$20 each, the low end of the US$20-$22 range. The shares opened at US$21.06 and rose as high as US$22.00 in early trading, a gain of 10%.
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