Piedmont REIT Opens public trading

In a good news bad news scenario the Piedmont REIT opened trading today well below most of my clients cost basis but after opening it moved up about 7.6% The IPO price was $14.50 per share and the shares of PDM ended the day at $15.60

Below are links to an article and a press release regarding the issue

http://www.reuters.com/article/idCNN1016440920100210?loomia_ow=t0:s0:a49:g43:r1:c0.530303:b30455628:z0

http://investor.piedmontreit.com/releasedetail.cfm?ReleaseID=443982

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