news


Hostopia Makes Debut on Toronto Stock Exchange

Hostopia.com Inc., a wholesaler of Web hosting services, on Friday marked the listing of its common shares on the Toronto Stock Exchange. At midday, shares were trading for approximately $5.39 in U.S. currency, down 5 cents.

The company which sells to communications service providers, who then resell to SMBs trades under the symbol H. It closed its IPO in early November, generating less money than it had hoped.

“Listing as a public company on the TSX represents the completion of a long-held strategy of Hostopia’s to deliver the best value to our customers,” said Colin Campbell, Hostopia’s CEO. “Funding from the public investing markets better enables us to execute our business plan, which has been very successful to date.

Hostopia.com Inc. www.hostopia.com


Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Polls

In our Channel Influencer Awards digital issue, we highlighted eight technologies ready to "take off" in the channel this year. Which two will take off the most?

View Results

Loading ... Loading ...
The ID is: 75449