Tuesday, April 22, 2008

Intrepid Potash Trading 56% above Offering Price (IPI)

From MarketWatch:

Intrepid Potash makes IPO hay

Intrepid Potash Inc.'s initial public offering jumped as much as 50% in its stock debut on Tuesday as the largest U.S.-based producer of potash to grow corn, wheat, soybeans, potatoes and hay tapped into bullish investment sentiment surrounding the agriculture sector....