B-Ds: 2010 In Review
Shares of LPL Investment Holdings Inc. (LPLA) gain 7.2% in their first day of trading on the Nasdaq, closing at $32.15. The initial public offering of 15.66 million shares is priced at $30. Hundreds of LPL brokers and dozens of current and former LPL executives sell their shares, with CEO Mark Casady trading stock worth $58 million, according to the firm's filings.
Photo: Nasdaq