(Adds throughout to contrast Dollar General's IPO with rue21's.)
In a consumer-spending environment in which every penny counts, discount retail chains Dollar General Corp. (DG) and rue21 Inc. (RUE) generated solid gains Friday in the U.S. initial-public-offering market.
Although Dollar General's $716 million deal trumped rue21's $129 million offering in terms of dollars raised, it was rue21's stock that generated the most investor interest. The teen-clothing chain priced above its expected range, rose 26% at the opening and was trading recently up 26.6% from its $19 IPO price. Dollar General priced at the low end of its expected range, rose ...
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