Reuters

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...more

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
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Selina Lo (C), President and CEO of of Ruckus Wireless, and company executives rings the Opening bell at 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...more

Selina Lo (C), President and CEO of of Ruckus Wireless, and company executives rings the Opening bell at 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
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Barclays trader Neil Gallaggher (C) shows Selina Lo (L), President and CEO of of Ruckus Wireless, her company's price following its debut 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...more

Barclays trader Neil Gallaggher (C) shows Selina Lo (L), President and CEO of of Ruckus Wireless, her company's price following its debut 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
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Selina Lo (R), President and CEO of of Ruckus Wireless, speaks with a producer prior to an interview 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...more

Selina Lo (R), President and CEO of of Ruckus Wireless, speaks with a producer prior to an interview 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
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Selina Lo, President and CEO of of Ruckus Wireless, gives an interview 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...more

Selina Lo, President and CEO of of Ruckus Wireless, gives an interview 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
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Selina Lo (L), President and CEO of of Ruckus Wireless, waits for her company's stock to begin 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...more

Selina Lo (L), President and CEO of of Ruckus Wireless, waits for her company's stock to begin 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
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