Last Friday, Xoom Corporation (XOOM) made its public debut. Shares of the online international money transfer service company rose 59.3% on their first trading day, ending at $25.49 per share.
The Public Offering
Xoom Corporation is a pioneer and leader in the online consumer-to-consumer international money transfer industry. Customers use Xoom to send money to friends and family in over 30 countries. Since January 2008, customers have used Xoom to send $6.6 billion to their friends and relatives.
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