Square (SQ), the mobile payment processing company, has fallen short on pricing its IPO. The share price came in at $9, versus the expected range of $11-$13. That puts the valuation of Square at $2.9 billion. Match (MTCH) is also going public today. It’s shares priced in the range of $12 to $14 but at the low end. Match owns the dating websites Match, OKCupid, Tinder, and Plenty of Fish. It will trade at the NASDAQ under the ticker symbol MTCH. UnitedHealthcare (UNH) is cutting its 2015 outlook. The company’s CEO Stephen Helmsley says growth expectations for individual exchange participants have tempered industry wide, cooperatives have failed, and market data has signaled higher risks and more difficulties. Health insurance premiums for Obamacare will rise 15%, on average, next year according to the non-partisan Kaiser Foundation. Keurig Green Mountain (GMCR) beat expectations for earnings and is raising its dividend. The company plans to roll out the ‘Keurig Kold’, a single serve brewer for beverages, including sodas and ice tea.
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