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    The world has a way of making what was once controversial safe for consumption. For evidence, look no further than Lou Reed's upcoming induction into the Rock and Roll Hall of Fame. The same holds true for Virtu Financial (VIRT), which successfully completed its initial public offering last week.

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    Chinese e-commerce company Baozun Inc filed with U.S. regulators for an initial public offering of American Depository Shares. Morgan Stanley, Credit Suisse and BofA Merrill Lynch are underwriting the IPO, the company said in a preliminary prospectus filed with the U.S Securities and Exchange Commission on Friday.

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    The number of companies going public got off to a slow start in the first quarter. Just this week, two tech companies -- Etsy (ETSY) and Virtu  -- made a quite a splash with their debuts on the Nasdaq exchange. Must Read: 10 New Stocks Billionaire David Einhorn Loves Both stocks soared on their first day of trading on Thursday, a sign that there's still a demand for shares of hot IPOs.

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    Money raised through stock market listings in western Europe has hit a 15-year high so far this year, despite a slight fall in the number of deals, Thomson Reuters data showed on Friday. Initial public offerings in the region have raised $20.5 billion this year, 6 percent more than 2014, despite a decline in the number of deals to 55 from 64.

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    Russian railcar manufacturer United Wagon Company plans to float at least 10 percent of its shares on the Moscow exchange, it said on Friday, representing Russia's first initial public offering in more than a year.

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    Russia's United Wagon Company said on Friday it planned an initial public offering on the Moscow Exchange of at least 10 percent of its shares by the end of the month. The company, part of the ICT Group headed by Russian billionaire Alexander Nesis, said in a statement that the share price would be announced prior to the placement.

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    Shares of Etsy Inc. (ETSY), an online marketplace for handmade and vintage goods, surged Thursday, more than doubling in their market debut. The stock opened at $31, 94% above its initial public offering price, but closed below that mark at $30.. Etsy (ETSY) priced its initial public offering at $16 a share on Wednesday, at the high end of its range, indicating strong demand from investors.

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    Party City Holdco Inc. (PRTY) said late Wednesday it had priced its initial public offering at $17 per share, the top of the IPO's indicative range. The party-goods seller said the 21.88- million-share IPO would include a greenshoe option for underwriters to buy an additional 3.3 milion shares. A Reuters report said the pricing would bring in about$ 372 million, valuing Party City at roughly $1.97 billion.

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     Etsy , the Brooklyn-based online marketplace, debuted on the New York Stock Exchange on Thursday at $31 a share, nearly double its initial public offering price of $16 a share. The stock reached a peak of $35.74, more than double the IPO price, shortly after it began trading, but quickly sold off down into the $30 range.

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     Etsy , the Brooklyn-based online marketplace, debuted on the New York Stock Exchange on Thursday at $31 a share, nearly double its initial public offering price of $16 a share. The stock reached a peak of $35.74, more than double the IPO price, shortly after it began trading, but quickly sold off down into the $30 range.

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    When American companies go public, most make a promise — that they will “maximize shareholder value” — without saying exactly what those three words mean. Does that include paying hard-working employees minimum wage? Jacking up prices? Or cutting jobs even when they make a profit?Then there's Etsy (ETSY), the online bazaar of often bizarre artisanal wares now planning a Thursday stock debut. When it announced its initial public offering last month, the Brooklyn-based craft marketplace made it clear that it valued social consciousness more than making sure stockholders made the most dough.“For decades now, the conventional and dominant retail model has relentlessly focused on delivering goods at the lowest price, valuing products and profit over community,” Etsy (ETSY) chief executive Chad Dickerson wrote in securities filings. “I do not believe that this race to the bottom is a sustainable, successful model. ... If we succeed, then other companies might replicate our model. We think the world will be a better place for it.”Selling shares for $16 a piece starting Thursday morning, the online marketplace could raise $267 million and be valued at $1.8 billion, making it one of the largest initial public offerings for a tech company this year. By Thursday afternoon, Etsy's (ETSY) stock price had nearly doubled, to about $30.Etsy (ETSY) leaders said they hope the offering will give them more visibility in a crowded tech marketplace and leave them with cash they need to grow. But Etsy's (ETSY) success on the stock market will be determined largely by just how much conscious capitalism Wall Street investors are willing to bet on.If too many are turned off by all the hand-holding and altruism, Etsy's (ETSY) stock price could sink — or, as some Etsy (ETSY) regulars worry, the firm could give in, and become exactly the type of company they hoped to avoid.Etsy (ETSY) was founded in Brooklyn in 2005 by Rob Kalin, a carpenter and photographer looking for a place to sell computers he made out of wood. But the hipster marketplace now boasts more than 1 million active sellers, nearly 20 million active buyers and online aisles stocked with more than 26 million vintage trinkets and handmade crafts, including $500 cat battle armor and $30 planters that look like feet.Etsy found a lucrative marketplace among the more than 50 million American freelancers seeking to sell their wares, and about $1.3 billion in merchandise was sold through the site in 2013. To make money, Etsy (ETSY) charges a 20-cent listing fee, takes a small cut off each item sold and offers ad space and payment services, all of which helped the company grow revenue by more than 50 percent last year, to nearly $200 million.But none of that craftiness has produced any profit. Even with the sales bump, Etsy ended last year even further in the red, with a $15 million loss. The company said in filings that it had a history of losses and might not turn a profit anytime soon.Etsy (ETSY) leaders warned in filings that they could choose environmentally friendly steps — like investing in cleaner shipping methods or "low-impact" data centers — even if they cost more money, and said their general "adherence to our values" could hurt how the e-commerce firm performs."We may take actions that we believe will benefit our business," the company said, "even if those actions do not maximize short- or medium-term financial results."That flowers-in-her-hair sensibility would seem an easy fit for a crunchy company like Etsy (ETSY), but the marketplace has already struggled with loyalists over its own identity crisis as it seeks to grow beyond its arts-and-crafts niche.When Etsy (ETSY) in 2013 started allowing sellers to use outside manufacturers and shipping services to help them offload their stuff, the move was decried by its home-grown sellers as a step toward hyper-corporatized, mass-market, eBay-ness. Jill O'Leary, whose Fiberluscious store sells handmade pincushions, wrote on an Etsy (ETSY) message board, "I feel like I've just got punched in the stomach."Etsy (ETSY) will become the second and largest business to go public that is also certified as a "B corporation," a label given by the nonprofit B Lab to companies that pledge to meet high-minded social and environmental goals. Hipster eyeglass maker Warby Parker and outdoor outfitter Patagonia are also in the ranks.The designation is not just lip service: Shareholders have ways to punish the leaders of a B Corp they feel has ditched its pledge or lost its halo, including suing the directors for failure to pursue a stated public benefit. In turn, those investors are expected to understand that a company like Etsy (ETSY) will be far less voracious in pursuing traditional business motives, like swollen profits, over a greater social good.Etsy has already made waves on the stock market by setting aside some of its shares for its customers and mom-and-pop investors, breaking with the Wall Street tradition of reserving early access to shares for the stock debut's managing bank and its top customers (who benefit from the stock's first-day pop).And Etsy's (ETSY) chief executive, Chad Dickerson, has written in filings that Etsy won't give quarterly or yearly guidance on how much the company is earning, as nearly all other public firms do. “We are more focused on creating long-term results for us and our community than short-term results that lack that promise," Dickerson wrote.No one can blame Etsy (ETSY) for not putting their money where their mouth is. The company offers employees bikes for commuting to work, has removed its individual employee trash cans and composts 600 pounds of food waste every month on the back of an orange bike.For what it's worth, Etsy's (ETSY) most prized asset, its sellers, are torn over the effect Wall Street will have on their online market. On one Etsy (ETSY) message-board discussion, a South Carolina seller of "free spirited bohemian luxury" jewelry guessed the offering could lead to a flood of new customers, while another worried the end was near."I predict Etsy's (ETSY) environment will change drastically with an IPO — and I don't feel the inevitable changes will be as benign to our community as Etsy (ETSY) (or investors) would have us think," wrote Jessica Rankin, the California purveyor of handmade jewelry maker LyricRabbit. "I don't want a shop that fades into the woodwork of the internet, that blends in with competition, that disappears. Finding another home for my shop(s) may be the only way I have a hand in preserving it."




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    Shares of Party City Holdco Inc.  are skyrocketing, up 18.53% to $20.15 from their initial public offering price of $17 in afternoon trading on Thursday. Party City stock opened for trading on the New York Stock Exchange this morning under the ticker symbol PRTY. Barclays is the designated market maker for the stock. Party City sold 21.9 million shares at $17 per share to raise about $372 million.

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     . Investors greeted yet another initial public offering with open arms on Thursday, sending shares of party supplies retailer Party City 21% higher to $20.45 in their trading debut. But the company's celebration could come to a swift end if it doesn't prove itself on several key fronts. Must Read: Warren Buffett's Top 10 Dividend-Paying Stocks for 2015.

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    All three stocks enjoy double-digit gains in post-IPO trade. A crop of stocks made their trading debuts Thursday with a pop, with each garnering double-digit gains after pricing at the tops of their ranges. Shares of Etsy Inc. (ETSY), the Brooklyn-based online marketplace for artisanal products, more than doubled from their initial public offering price of $16 to a peak of $35.74 early in the day.

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    Ontario Premier Kathleen Wynne said on Thursday her Liberal government would sell up to 60 percent of the province's electrical utility Hydro One, but would limit minority shareholders to 10 percent stakes. Canada's most populous province will continue to regulate electricity rates, Wynne said, and the proceeds from the sale will be used to fund transit and infrastructure.

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    Virtu Financial Inc's (VIRT) shares opened for trading at $23 in its first day as a publicly traded company on Thursday. The trading firm, which is the first high-frequency trading shop to go public, priced its shares at $19 a share late Wednesday, at the high end of a $17- to- $19 range targeted by the company's stock underwriters. Virtu's shares opened 21% higher than its pricing level on Wednesday, selling 16.5 million shares, which give it a valuation of more than $2.6 billion.