Broadband business Casa Systems up 11%, following downsized IPO

 Andover, Massachusetts-based Casa Systems had a tough time pulling off its IPO this week. The broadband solutions company initially wanted to debut Thursday, but pushed its launch back to Friday, likely due to weak initial demand. Casa had planned to sell 8.4 million shares, but reduced it to 6 million, following the investor roadshow, where companies pitch institutional investors and other… Read More

Leave a Reply

Read the original at TechCrunch.