NEW YORK (CNNfn) - Some of the year’s last initial public offerings rose strongly in their debuts Thursday but news of a $750,000 charge tanked shares in a well-known sporting goods maker.
In the session’s best performing IPO, Maxygen (MAXY), a gene manipulation firm, jumped 26-7/8, or 168 percent, to 42-7/8, after being priced at 16.
Xpedior Inc (XPDR), a provider of electronic commerce services, rose 7-9/16 or 40 percent, to 29-9/16, after being priced at 19.
And Infonet, (IN) rose strongly in its debut. In a rare New York Stock Exchange initial public offering, Infonet, a data management services provider, gained 5, or 24 percent, to 26 after being priced at 21. The offering raised $1.08 billion. Nearly 30 million shares changed hands, making Infonet the NYSE’s most actively traded stock.
Siliconix Inc. (SILI) an electronics component maker, jumped 47 percent after announcing a 3-for-1 stock split.
Santa Clara, Calif.-based Siliconix gained 41-7/16 to 130-1/2.
ObjectSoft Corp. (OSFT) leapt 40 percent after saying its interactive advertising product delivered 710,307 page views last month, up 21 percent from 586,750 in October.
Hackensack, N.J.-based ObjectSoft rose 31/32 to 3-3/8.
Stock in eShare Technologies (ESHR) jumped 32 percent after America Online (AOL) said it will use eShare’s technology to provide real-time online customer support to its subscribers.
Atlanta-based eShare gained 2-11/16 to 11.
Cendant Corp. (CD) gained 37 percent after saying it signed an agreement with Liberty Media (LMG.A) to develop Internet opportunities associated with Cendant's travel, mortgage, real estate and membership businesses.
New York based Cendant gained 6-1/8 to 22-9/16.
Rawlings (RAWL), the sports equipment maker best known for baseball gloves, fell 16 percent after saying it will cut 15 percent of its staff and take a $750,000 restructuring charge.
Shares of Fenton , Mo.-based Rawlings fell 1-1/8 to 5-7/8.
And the mania over Linux, the upstart operating system seen as a rival to Microsoft’s Windows NT, continued Thursday as investors poured money into firms with links to Linux.
National Technical Systems Inc. (NTSC) rose 33 percent after announcing the release of a system for validating Linux operating systems on hardware platforms.
Stock in Calabasas, Calif.-based National Technical gained 1-5/32 to 4-5/8.
And K-tel International Inc. (KTEL), the music distributor, jumped 9 percent after saying it moved its e-commerce infrastructure to a Linux-based system.
K-tel, also based in Calabasas, rose 3/4 to 9. 
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