Financial Engines’ Business Model Is About As Good As It Gets
Bill Simpson submits:
Bill Simpson wrote an analysis of Financial Engines (FNGN) to TradingIPOs subscribers on March 13. In its debut Monday, March 15, the company sold 10.6 shares for $12 each, raising about $127.2 million. It had planned to sell 10.6 million shares for between $9 and 11.
The text of Mr. Simpson’s original writeup follows:
Investing, Long Term Investment, stock market | admin March 16, 2010
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