Ups And Downs In Channel Company Stocks For Q1 2017
Submitted by Rick Whiting on
Presidio
CEO: Bob Cagnazzi
March 10, 2017: $13.50
March 31, 2017: $15.48
Change: +14.67%
Solution provider powerhouse Presidio, No. 22 on the CRN Solution Provider 500, went public on March 10, selling 16.7 million shares on the NASDAQ exchange and raising $233 million. The company planned to use the funds to pay down the company's roughly $1 billion debt and strengthen its balance sheet.