socalTECH
JANUARY 26, 2011
Demand Media, which is headed by Richard Rosenblatt, operates a network of content focused sites, including LiveStrong.com and eHow. The enthusiastic reception for Demand's IPO follows similar strong showings from Southern California firms such as RealD, Green Dot, ReachLocal, and others this year.
socalTECH
JANUARY 26, 2011
Demand Media, which operates an online publishing business and sites such as LiveStrong and eHow, upped the pricing well above its initial offering range of $14.00 Zogenix, Green Dot, MaxLinear and ReachLocal. per share, and above the initial 7,500,000 shares. The firm will begin trading today on the New York Stock Exchange as "DMD".
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