Marchex IPO Gets Out, Deal Oversold

A portent: The Marchex IPO, first reported here, priced yesterday and the book was oversold, according to the Seattle PI. MCHX went out at $6.50 today and is now trading at $8.90. That's damn good for any IPO. The company plays in the paid inclusion ad space and was founded…

marchexA portent: The Marchex IPO, first reported here, priced yesterday and the book was oversold, according to the Seattle PI.

MCHX went out at $6.50 today and is now trading at $8.90. That’s damn good for any IPO. The company plays in the paid inclusion ad space and was founded by the execs behind Go2Net.

Marchex – Hoovers

Author: John Battelle

A founder of NewCo (current CEO), sovrn (Chair), Federated Media, Web 2 Summit, The Industry Standard, Wired. Author, investor, board member (Acxiom, Sovrn, NewCo), bike rider, yoga practitioner.

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