Web content provider 365 Corporation Plc saw its market capitalization grow by 62% yesterday on its London Stock Exchange debut, to reach 462.4m pounds ($735m). From an offer price of 160 pence, trading opened at 290 pence, briefly hitting a high of 320 pence before dipping to 260 pence by close of business. 365 provides editorial on what it calls passion centers including soccer, music and the like. It raised 50m pounds ($80m) in the float, which is intends to use for general corporate purposes, and to expand its premium rate information phone services.
