NEW YORK (AP) - CDW's stock climbed in the information technology company's first day of trading on the Nasdaq.

NEW YORK (AP) CDW's stock climbed in the information technology company's first day of trading on the Nasdaq.

CDW rose $1.57, or 9.2 percent, to $18.57 in morning trading Thursday.

The offering of about 23.3 million shares was priced at $17 per share. That was at the low end of its $17 to $18 projected price range.

CDW Corp. raised about $396 million from the IPO.

The underwriters have a 30-day option to buy up to an additional 3.5 million shares.

CDW reported 2012 net income of $119 million on revenue of $10.13 billion. In 2011, the Vernon Hills, Ill.-based company had net income of $17.1 million and revenue of $9.6 billion.

The shares are trading under the "CDW" ticker symbol.