VC-backed iDreamSky jumps 6% on debut after $116m US IPO
Shares in iDreamSky Technology - a Chinese third-party mobile game publisher backed by Legend Capital and Redpoint Ventures - jumped 6.42% on the firm's NASDAQ debut.
IDreamSky raised $116 million by offering 7.7 million American Depositary Shares at $15 each, above the indicative range of $12-$14 per share. The stock touched a high of $19 during its first day of trading...
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