KIRKLAND, Wash. -- HomeGrocer.com here raised its market capitalization to a total of $1.4 billion through a successful if unspectacular initial public offering. Stock in the company was priced at the top of its range ($12) for its IPO, but after trading as high as $16 1/4 on its opening day, HomeGrocer closed up 18% at 14 1/8. The following day it fell 8% and closed at $13. The results were far from the explosive debuts many Internet start-ups, including HomeGrocer rival Webvan, Foster ...
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