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Business

Model N jumps in 1st day on NYSE

By Washington Examiner
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NEW YORK (AP) — Shares of Model N rose more than 38 percent Wednesday, their first day of trading on the New York Stock Exchange.

The Redwood City, Calif., company, which offers revenue management services for the life science and technology industries, raised approximately $103.9 million from its initial public offering of about 6.7 million shares.

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