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Malibu Boats goes public

By Jonathan Sweet
January 31, 2014
Filed under News

Malibu Boats has started trading on the NASDAQ, after issuing its initial public offering.

The stock for the Tennessee-based ski boat maker of the Malibu and Axis brands was priced at $14 a share Friday, with a market capitalization of $314 million. The stock will trade under the symbol “MBUU” and the IPO will close on February 5.

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