Vizio Stock Rebounds on 2nd Day as Public Company

Vizio shares on their second day regained some of the ground they lost Thursday when they debuted on the New York Stock Exchange. Shares closed 8.4% higher Friday at $20.71, a few cents shy of the initial public offering’s proposed $21 opening. Unlike Thursday, when the stock plunged 17% as trading began midday and never fully recovered (see report in this publication, March 26), shares remained in positive territory throughout Friday.