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E-commerce Borderfree IPO Pops on First Day of Trading

August 19, 2023
in Trade Tube
Reading Time: 1 min read
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Borderfree is a cross-border e-commerce company that helps major retailers like Macy’s get its packages to international customers. It also provides great research it learns form dealing in many international markets. CEO Michael DeSimone is excited to expand his company into more markets, and he tells TheStreet’s Debra Borchardt the Middle East looks to be very promising for future growth. Investors seem to agree, as the stock is now valued higher than its opening price.

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