By Joey Gardiner, 29 April 1999 17:34
NEWS Web design company Razorfish has continued its strong performance on Nasdaq after its initial public offering on Tuesday. Shares in the multimedia company have more than trebled in price since it floated at a value of $16 per share. Prices soared today to a high of $57, although trading has since dropped off slightly leaving the shares down $6. Three million shares were offered with an option for the underwriters to purchase up to 450,000 extra if necessary. Razorfish numbers Ebay, Excite, IBM and AOL amongst its clients.
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