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PNV.net IPO slips

CORAL SPRINGS, Fla. - PNV.net, formerly Park'N'View, enjoyed a strong debut on the stock market before later slipping several dollars.PNVN, as the company is know by traders, provides bundled telecomm...


CORAL SPRINGS, Fla. – PNV.net, formerly Park’N’View, enjoyed a strong debut on the stock market before later slipping several dollars.

PNVN, as the company is know by traders, provides bundled telecommunications, cable television and Internet access services to the trucking community. The stock’s initial public offering started well, opening at US $18, actually a dollar above its original price of $17. Shares eventually closed down $2.50 at $15.50, and after-hours trading caused them to slip another 7/16 to 15 1/16.n


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Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
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