Athenahealth stock soars following IPO
NEWS IN BRIEF — Posted Oct. 15, 2007
Physician billing manager Athenahealth Inc.'s stock price more than doubled its first day, Sept. 20, on the Nasdaq Global Market.
The stock, priced at $17.50, rose $18 per share to close at $35.50 in its first day.
The Watertown, Mass.-based company, founded in 1997, offers Web-based billing software for physicians' offices.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2007/10/15/bibf1015.htm.