First Hollywood, now Wall Street. SFX went public today and they brought in Afrojack to help ring in their opening day on the NASDAQ. In celebration of being listed, the closing bell was rung by the CEO of SFX Entertainment, Robert F.X. Sillerman, who was also joined by the rest of the SFX team and Afrojack. SFX IPO opened with a pricing of 13 dollars a share and closed at 11.89, netting a 8.54% loss. With the company valued at 1.05 Billion, SFX remains confident that dance music will be a strong investment that will prove its worth in the years to come despite their loss in today’s IPO. Make sure to stay tuned as we bring you more on SFX’s move to the NASDAQ as it unfolds.
— NASDAQ OMX (@NASDAQOMX) October 9, 2013