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Palo Alto Networks Makes Strong IPO Debut
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FBN's Robert Gray breaks down late-morning market news.
- Duration 0:55
- Date Jul 20, 2012
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FBN's Robert Gray breaks down late-morning market news.
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I'm Robert -- what you're Fox Business -- Palo Alto networks stock has jumped more than 30%.
And it's trading day YouTube upfront that there at this point.
That's after the software securities firm's initial public offering price shares -- 42 -- -- -- well above its expected price range.
Fox Business has -- the NASDAQ Stock Market is looking to release next week compensation plan for investors whose trades.
-- adversely affected in the -- FaceBook IPO.
Are on Charlie Gasparino reported -- deal being discussed is an all cash compensation package but nothing has been finalized.
And auto makers plan to boost hiring and expand plants over the next year that's according to a new survey by KPMG.
Auto -- say they need to boost output to keep up with the rising demand replace aging cars and trucks.
And that is the latest from the Fox Business Network giving you the power to process.