Tuesday, March 26, 2013

Model N - Remain On The Sidelines After An Almost 50% Jump

Last week, Model N (MODN) made its public debut on Wednesday the 20th of March. Shares of the company, which provides revenue management solutions for the life science and technology industry, ended their first trading day with gains of 28.9% at $19.97 per share. Shares have traded around the $20 level ever since, currently exchanging hands around $19 per share.

The Public Offering

Model N is a provider of revenue management solutions aimed to maximize revenues for its customers. The company offers key functions including pricing, contracting, incentives and rebates to maximize revenues through its web-based platform which works in the cloud as well as on traditional platforms.

Read the entire article on Seekingalpha by clicking the following link

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