Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Castlight Health's Bizarre IPO Pricing And Recent Panic Selling Are Just Two Parts Of A Horrible Story

Castlight Health Inc. (NYSE:CSLT) held one of the most bizarre IPO's of recent memory on 3/14/2014 selling 11,100,000 shares of B Class stock at $16/share, which was above their $13-$15 initial projected range. Goldman Sachs and Morgan Stanley were the main underwriters handing the IPO.

Although on the surface...

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