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Skullcandy (SKUL) IPO Jumps Higher

July 20, 2011 10:45 AM EDT
The IPO for Skullcandy (Nasdaq: SKUL) is open for trading. Shares are trading at $23 after pricing 9.44 million shares at $20, above the expected $17-$19 range.

The offering is being made through BofA Merrill Lynch, Morgan Stanley, Jefferies, Piper Jaffray, KeyBanc and Raymond James.

Skullcandy is a leading audio brand that reflects the collision of music, fashion and action sports lifestyles.


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