TriNet is a human resources solution company for small to medium sized businesses. The company priced its shares at $16 and immediately traded over 15% higher. CEO Burton Goldfield told TheStreet's Debra Borchardt the company is seeing high demand from New York's booming tech sector and new financial businesses. He continues to see demand from Silicon Valley. When asked about the high level of debt, he attributed it to the many acquisitions.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.