IPO roundup: Cyan, Quintiles

IPO roundup: Cyan shares fall slightly in debut; Quintiles shares jump

Associated Press

Among the initial public offerings stories for Thursday, May 9, from AP Business News:

— Shares of Cyan Inc., which provides a software-driven transport and switching platform for network operators, fell slightly in their trading debut after it raised $88 million in an initial public offering.

— Shares of Quintiles Transnational Holdings Inc., which helps large pharmaceutical companies test and sell drugs, are surging in their trading debut on the New York Stock Exchange.

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