Cbeyond, a provider of high-speed Internet and telephony services targeted at businesses, went public on Wednesday at $12 a share.
Cbeyond (Nasdaq: CBEY) had initially priced its IPO in the $16-18 range.
The stock opened at $12 and closed at the same price.
More than 3.3 million shares were traded.
Cbeyond: www.cbeyond.com
