Freelancer makes record debut

Online jobs marketplace provider Freelancer.com has debuted 400% higher, in what is the best performing initial public offer of $10 million or more.

Online jobs marketplace provider Freelancer.com (FLN) is the best performing new float that raised $10 million or more when it debuted with a stunning 400% surge at noon today.

Shares in the company opened at $2.50 a share, $2 above its float price, before sliding to $1.85 after the first 20 minutes of trade. This puts the market cap of the company at around $806.6 million.

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