Surprise, surprise. Yet another e-commerce-related software company saw its stock take off on its first day of trading on Tuesday. This time, the big winner was Quintus (Nasdaq: QNTS), which develops software that helps online business manage customer interactions. Quintus priced its initial public offering at $18 a share, and the stock more than tripled on Tuesday, rocketing 37 to 55.
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Quintus IPO More Than Triples
Posted by: Andy Wang November 17, 1999 12:00 AMSurprise, surprise. Yet another e-commerce-related software company saw its stock take off on its first day of trading on Tuesday. This time, the big winner was Quintus (Nasdaq: QNTS), which develops software that helps online business manage customer interactions. Quintus priced its initial public offering at $18 a share, and the stock more than tripled on Tuesday, rocketing 37 to 55.