Thomson's IPO Helps RCA Regain Prominence
For the first time in more than 10 years, individual investors have a chance to own a piece of one of the oldest and most recognized names in the American electronics industry. As of November 1, <A HREF="http://www.rca.com/">RCA</A> officially came back on the stock market, when parent company Thomson Multimedia made a successful initial public offering of 21 million shares. The stock (NYSE: TMS) debuted at $22.62 per share and closed Friday, November 5 at $29.25.