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Ruckus Wireless shares fall in debut on higher pricing


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Selina Lo (C), President and CEO of of Ruckus Wireless, applauds as her company's stock begins trading on the floor of the New York Stock Exchange, November 16, 2012. WiFi products maker Ruckus Wireless Inc. priced its initial public offering at $15 per share, the high end of its expected price range, a market source told Reuters. The company, which is backed by Google Inc's Motorola Mobility LLC and venture capital firm Sequoia Capital, raised $126 million by selling 8.4 million shares. REUTERS/Brendan McDermid