Briefly

Jackson Hewitt Tax Service Inc., the second-largest U.S. tax preparation service, went public at $17 a share on Monday, below the expected range of $18 to $20. The company’s parent, Cendant Corp., sold 37.5 million shares, raising $638 million for itself. Jackson Hewitt won’t receive any of the proceeds. The stock will begin trading today on the New York Stock Exchange under the symbol JTX.