<p>Real estate software-company Redfin soared by as much as 39% on its first day of trading Friday. </p><p>The company had priced its initial public offering of about 9.2 million shares at $15 apiece. This was above the expected range of $12 to $14 per share.</p><p>Redfin was worth $1.73 billion at the end of trading. <span>Goldman Sachs and Allen &amp; Company were the lead book-running managers for the IPO.</span></p><p> </p><p> </p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/wells-fargo-equity-chief-shorting-anything-is-playing-with-fire-2017-7">Wells Fargo Funds equity chief: Shorting anything is 'playing with fire'</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/MGUzMzQ5MjczMzEzYjZkZTJlYTFkMWEw"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="FjNWh3YjE6uD13nJXsT7h9Y1iho-sRYr" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'FjNWh3YjE6uD13nJXsT7h9Y1iho-sRYr',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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Redfin soars in its first day of trading

Real estate software-company Redfin soared by as much as 39% on its first day of trading Friday. The company had priced its initial public offering of about 9.2 million shares at $15 apiece. This was above the expected range of $12 to $14 per share.Redfin was worth $1.73 billion at the end of trading. Goldman Sachs and Allen &amp; Company were the lead book-running managers for the IPO. NOW WATCH: Wells Fargo Funds equity chief: Shorting anything is 'playing with fire' if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'FjNWh3YjE6uD13nJXsT7h9Y1iho-sRYr',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Real estate software-company Redfin soared by as much as 39% on its first day of trading Friday. The company had priced its initial public offering of about 9.

Redfin soars in its first day of trading

Akin Oyedele

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