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Jive Software Shares Surge In Market Debut

Wednesday, December 14, 2011 | More »

Jive Software Inc’s shares soared in their market debut as investors look to cash in on the immense popularity of social media offerings on the backdrop of upcoming IPOs like those of Facebook and Zynga. Jive’s shares closed at $15.05 on Nasdaq, a 25 per cent gain on the $12 price set by...