Kayak Goes Exponential (And Stalls)

Tyler Durden's picture

UPDATE: It would appear $32.75 is the line in the sand...

After pricing its IPO at $26 and opening at $30.10, the latest poster-child for the awesomeness of the US capital markets has pushed up to over $34.50. While Fender cites market conditions, it seems 'investors' can't get enough of this Silicon Valley 'special offer'. This one should be interesting...