Malibu Boats, Inc. (NASDAQ: MBUU) successfully closed its initial public offering in early February 2014. The company’s revenue exceeds $175 million, and 8.2 million shares were sold at $14 each.
Based in Loudon, Tennessee, Malibu Boats designs, manufactures, and sells performance sports boats, achieving the #1 market share position in the United States since 2010. Malibu’s boats are used for water sports, including water skiing, wakeboarding and wake surfing, as well as general recreational boating.
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