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Sporting Goods Stock Falls Flat

Big Five Sporting Goods Incorporated fell flat in its Stock Market debut today, becoming the latest casualty of what has been a challenging IPO market. The sporting goods retailer based in El Segundo, with a retail outlet in Sonora, saw its shares open on the Nasdaq Stock Market at $13.01, nearly flat with the $13 price set on its initial public offering.

This post was last modified on 01/31/2009 5:26 pm