Stock of Nu Skin Asia Pacific Inc., a distributor of personal-care and nutritional products, jumped in its first day of trading Friday.
The Provo-based company sold 9.1 million shares for $23 apiece in its initial public offering, raising $209.3 million. The expected range had been $22 to $24 a share.After going as high as $30.871/2, Nu Skin stock settled back to close at $28.75 a share on the New York Stock Exchange.