WageWorks Hits Record High Price After Stock Offering
This article is for subscribers only.
WageWorks Inc., the provider of human-resources services for companies, rose to the highest level since its public offering last year, after it sold shares in a follow-on offering.
The shares gained 12 percent to $45.46 at the close in New York, their highest price since the San Mateo, California-based company sold stock in May last year.