Digital Music Group IPO On The Rebound
As we mentioned yesterday, Digital Music Group got off to a nasty start with it's IPO, losing nearly 5% on the first day
of trading. Today they were able to inch it back upwards a
bit, closing at $9.64 which is just under the opening price of $9.75, and might certainly be generating some sighs
of relief in the DMG's office hallways. Of course, they still have a way to go, if the comment
in our previous story is true about the stock options presented to employees. Your crack investigative
team person is on the case, and will have more on that for you shortly.
