La Quinta IPO

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    La Quinta Holdings Inc. (NYSE: LQ) stock was down in its first day of trading today (Wednesday) after the company's IPO price disappointed early investors.

    The company announced late Tuesday that it was offering 38.3 million shares at $17 each. The company had estimated offering 37.2 million shares at a price range of $18 to $21. The La Quinta (NYSE: LQ) IPO price was lower than expected, and the stock opened down today. But these bullish indicators still remain for LQ.

    The La Quinta IPO price may be lower than expected but these bullish indicators still remain for LQ stock...

    Take a look at what's being indicated for LQ, here...

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