MasterCraft launches IPO, prices at $15

MasterCraft went public Friday, pricing its initial public offering of 6.1 million shares at $15 a share.

The boat manufacturer will trade on the NASDAQ exchange under the symbol MCFT.

About 3.6 million shares had traded by the end of the day, according to the Knoxville News Sentinel, closing the day at $15.92 a share.