Jive Software begins trading on Nasdaq today

Jive, the Palo Alto, California-based company sold 13.4 million shares at $12 apiece, after saying it would offer 11.7 million for $8 to $10 each. The stock will trade on the Nasdaq Stock Market starting today under the symbol JIVE.

Updated at 7:20 pm: Jive Software shares jump 25%

 

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