DigitGlobal Shares Climb After $279 Million IPO

DigitalGlobe Shares Advance After $279.3 Million IPO
Bloomberg.com

DigitalGlobe Inc., a provider of satellite photography to Google Inc. and the U.S. government, climbed 13 percent after raising more than planned in an initial public offering.

DigitalGlobe rose $2.50 to $21.50 at 4 p.m. in New York Stock Exchange composite trading. Shares of the Longmont, Colorado-based company climbed as high as $25 earlier in the session.

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