Thursday, April 17, 2014

Sabre Up Slightly In IPO Debut

Southlake, Texas-based Sabre, which provides travel booking services, debuted on the NASDAQ Global Market on Thursday, rising slightly up in its first day of trading. Sabre priced at $16.00 per share on Wednesday night, pricing below its initial IPO range of $18.00 and $20.00 per share. The stock traded as high as $17.17 per share during trading during the day, and closed at $16.50.