UPDATE 1-Cogent shares soar in market debut

Newswire

(Updates with closing stock price) NEW YORK, Sept 24 (Reuters) - Shares of Cogent Inc. soared 50 percent in their market debut on Friday after the fingerprint identification company's initial public offering priced at the top end of its range. Cogent's IPO raised a higher-than-expected $216 million, with 18 million shares pricing at $12 per share, at the high end of a $10-to-$12 range. That range had been bumped up from previous estimates that the stock would price between $8.50 to ...

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