Jive Software made its debut today on NASDAQ, gaining 25% on its first day:
The shares climbed to $15.05 on the Nasdaq Stock Market, a day after the Palo Alto, California-based company priced its stock at a higher-than-expected level in an initial public offering. Jive sold 13.4 million shares at $12 apiece, topping an earlier proposal to offer 11.7 million for $8 to $10 each.
Up Next: Zynga
