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Tuesday, July 29, 2014

Opening Day on Wall Street For Townsquare


It was the first radio company to go public in about a decade and it closed down from its opening price of $11.00. Townsquare wobbled between $9.93 and $10.84 before closing at $10.25 and dropping a little more in after hours trading. Volume was about 5.5 million shares. Originally the company was hoping to price the stock around $15.00.

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