Dreamland (TDIC) shares were up in recent Wednesday trading on Nasdaq after opening at $3.5 per share, below its initial public offering price.
The event management service provider priced on Tuesday an initial public offering of 2 million shares at $4 apiece, for gross proceeds of about $8 million. The IPO consists of 1.34 million shares offered by the company, with the remainder coming from an existing shareholder.
Price: 5.62, Change: +1.62, Percent Change: +40.58