SYNC IPO was suppose to be $10-12/shr but currently trading $7+
but as usual the bankers somehow managed to pull the rug from a fast growing small cap player once again. Instead they reward the likes of LNKD, P and Facebook with the Giant Over Priced IPO payday.
Synacor sees IPO priced at $10-$12/shr
Mon Jan 30, 2012 12:06pm EST
(Reuters) - Synacor Inc, partly owned by Intel Corp (INTC.O), said it expects its initial public offering of 6.8 million shares to be priced between $10.00 and $12.00 per share.