Chinese search engine Sogou up 4% following IPO

Sogou, the Chinese search engine, debuted on the New York Stock Exchange on Thursday, under the ticker “SOGO.” After pricing at the top of the range at $13 per share, the company raised $585 million. Sogou then hovered around $13.50 for most of its first day of trading, closing the day at $13.51, up about 4%. Beijing-based Sogou aims to be a Google for China. While it’s a… Read More...