Netshoes (SHOES) opened at $16.35 in its IPO debut before heading up about 3.80%. The IPO was priced earlier today at $18, the bottom of the range.
On Seeking Alpha, Don Dion has analysis on how to view the Brazilian online retailer.
Previously: Netshoes file for IPO (March 16)
Previously: Netshoes prices IPO (April 12)
Now read: Netshoes prices IPO »