Demand Media Increases Its IPO Offering, Prices Stock At $17 Per Share

demandmedialogoDemand Media has just announced the upsizing and pricing of its initial public offering. The size of the offering has been increased from the previously announced 7,500,000 shares of common stock to 8,900,000 shares of common stock at a price of $17.00 per share. Demand Media’s common stock will begin trading on the New York Stock Exchange under the symbol “DMD” on January 26, 2011.

The most recognizable property that Demand Media owns is eHow and all its spinoffs and you just never know how these content farms will work out but hey bet a little and make a little right?

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