Home Stock Market Defense Contractor Lyntris Tumbles 14% On IPO Day
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Defense Contractor Lyntris Tumbles 14% On IPO Day

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A new defense contractor hit the IPO market. It was a rough start. On Wednesday, Lyntris (LYNX) tumbled 14% from its list price of $17.50 a share. Shares opened on the New York Stock Exchange on Wednesday at 15.60, according to MarketSurge. By the end of the day it closed at 15.08, a 13.8% decline from its IPO price. A…

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