Carbonite Shrugs Off Volatility, Expects Thursday IPO

Carbonite, the online backup company, is expected to brave the IPO waters Thursday.

Today, Carbonite priced 6.25 million shares at $10 each, the bottom of its expected $10 to $11 price range (this was lowered Wednesday from its prior target of $15 to $17 a share). BofA Merrill Lynch and J.P.

Share this