The IPO market delivered gains for four new issues yesterday, with enthusiasm for online real estate listing service Trulia tempered by a lukewarm reception for a pair of regional banks.
Trulia's shares opened at $22.10, up 30% from their initial public offering price of $17. The stock continued to climb throughout the session, and by the time the company's founder and chief executive, Pete Flint, helped ring the closing bell on the New York Stock Exchange, shares had gained $6.96, or 41%, to finish at $23.96.