Flash Memory Provider Violin Memory Down 17% In Public Market Debut While Cloud Service RingCentral Up 45% In IPO

RingCentral is up 45 percent in early trading today, after pricing its IPO at $13 per share. Violin Memory�is down 17 percent in its debut on the public markets. Violin Memory, a flash memory provider, opened at�$7.41, which was 17.7 percent lower than the $9 per-share IPO price it set Thursday night. RingCentral, trading as "RNG," was priced at $13 per share. In early trading, the stock is hovering close to $19 per share.

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