Verisk: Verisk soars in stock debut, helped by Buffett support
Verisk Analytics Inc (VRSK.O), an insurance services firm partly owned by Warren Buffett's Berkshire Hathaway, soared in its first day of trading on Wednesday, and stirred hopes that the appetite for such offerings is warming.
Shares of Verisk rose nearly 24 percent in their first day of trading on Nasdaq, after the company completed the largest IPO by a U.S. company in 18 months. Verisk shares gained $5.22 to close at $27.22, after touching $28.97 earlier in the trading session.
Buffett's firm was the only major institutional shareholder not to sell any shares. Click here