Massachusetts’ newest public company is a 16-year-old firm that has little public name recognition but clocked in nearly $300 million providing Web-hosting services to medium and small businesses around the country.
Endurance International Group raised $252 million Thursday night selling shares to the public at $12 each. That’s far below the company’s target goal of raising $400 million in the IPO, and indeed, in its first full day of trading Friday the stock turned in a tepid performance. Full story for BostonGlobe.com subscribers.
Hiawatha Bray can be reached at firstname.lastname@example.org.