Shares of Laureate Education Inc. , a for-profit college company, slumped 8% in the company’s debut on the Nasdaq Wednesday. The company priced its offering at $14 and sold 35 million shares to raise $490 million. The company gave its underwriters a 30-day option to buy up to 5.25 million additional shares at the IPO issue price. Shares were trading at $12.91 midday Wednesday. Credit Suisse, Morgan Stanley & Co and Barclays Capital were the lead underwriters on the offering.
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