Skullcandy’s stock price rose from $20 to $23.09 in early morning trading in its first day on the Nasdaq stock exchange.
Skullcandy priced its stock at $20 per share and sold 9.4 million shares to institutional investors, raising $188.8 million, according to news reports. Those investors can now trade the stock in the open market today.
Zillow’s stock, which also debuted today, was priced at $20 and more than doubled to $43 in early morning trading.
