Trupanion becomes publicly traded company:The company's July 18 initial public offering priced shares at $10

摘要

Seattle-based pet insurance company, Trupanion, became a publicly traded company July 18 with its initial public offering (IPO) with the U.S. Securities and Exchange Commission. The company sold 7.1 million shares on the New York Stock Exchange (TRUP) priced at $10 per share at opening, closing at $11.40, but short of the $13 to $15 a share expected. The IPO raised about $71 million before discounts and other costs, according to The Seattle Times.