Cash-transfer service Xoom soars in trading debut

Posted on February 15, 2013 at 12:35 PM EST

Investors banking on the latest advances in international money transfers bid up shares in the IPO of Xoom, which lets customers wire cash across borders using the Web. The stock jumps 40%.

Related Stocks:

Barclays PLC ADS MoneyGram International, Inc. Western Union XOOM

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