Demandware Inc. (DWRE), Wednesday said its priced the initial public offering of 5.5 million shares at a price of $16 a share. The prior estimated IPO price range was $12.50 to $14.50 a share.
The shares are expected to begin trading on the New York Stock Exchange on March 15, 2012 under the symbol "DWRE", the company said.
The underwriters have a 30-day option to purchase up to an additional 825,000 shares from Demandware at the initial public offering price.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.