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Traderzz

12/10/09 12:47 PM

#176261 RE: Traderzz #176260

Companies that are offering shares also fell. Pennichuck Corp. (PNNW:US) a water utility company that’s offering to sell $7.35 million of stock, slipped 11 percent to $20.87. Universal Travel Group (UTA:US), a travel services company that priced 2.2 million shares at $9 each, dropped 13 percent to $9.01.