HomeAway IPO Shares Pop 39 Percent, Market Cap Reaches $3 Billion

Vacation home rental service HomeAway has begun trading on the NASDAQ this morning under the symbol 'AWAY', with the shares trading as high as $37.10. giving the company a market cap of $3 billion. That's an increase of 39 percent, up from the company's initial pricing of $27 per share last night.HomeAway, which filed for an IPO in March, raised $216 million in the offering. ]]>