E-commerce Borderfree IPO Pops on First Day of Trading

Now watching

Next video starts in : 7 Play

E-commerce Borderfree IPO Pops on First Day of Trading

E-commerce Borderfree IPO Pops on First Day of Trading
Replay video
Up next

Will hiking interest rates actually hurt the Fed?

Unlock your personal NFL Now stream by signing in to NFL.com

E-commerce Borderfree IPO Pops on First Day of Trading

by TheStreet.com Videos 2:58 mins

Borderfree is a cross-border e-commerce company that helps major retailers like Macy's get its packages to international customers. It also provides great research it learns form dealing in many international markets. CEO Michael DeSimone is excited to expand his company into more markets, and he tells TheStreet's Debra Borchardt the Middle East looks to be very promising for future growth. Investors seem to agree, as the stock is now valued higher than its opening price.

View Comments (0)