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SolarCity’s IPO Jumps After Price Cut

Published on December 13, 2012
by Chris Dieterich and Cassandra Sweet

SolarCity Corp.’s steps to the market were uncertain, but the solar-panel-installation firm’s arrival went just fine.

In its trading debut Thursday, the stock surged 47 percent to $11.79 on the Nasdaq Stock Market, opening well above its $8 offering price and climbing throughout the trading day.

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