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Booz Allen’s $238 Million Day

Booz Allen's $238 Million Day - top government contractors - best government contracting event
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Booz Allen's $238 Million Day - top government contractors - best government contracting event
Ralph Shrader, Booz Allen Hamilton

Booz Allen Hamilton (NYSE: BAH) raised $238 million on its first day of public trading yesterday.

The government-contracting giant saw its shares trading at $19.25 by the end of the day, 13.2 percent more than the initial public offering of $17 per share, according to a report in The Washington Post.

On its triumphant day, Booz Allen CEO Ralph Shrader told The Post about the changes he expected to see in the days ahead.

“We have more visibility to our performance now, and we have a broader group of folks who are going to pay attention to that performance.“

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