Vroom sets IPO price range of $15-$17 per share


© Reuters. FILE PHOTO: LA Auto Show in Los Angeles

(Reuters) – Online used car seller Vroom Inc said its initial public offering was set to be priced in the range of $15 to $17 per share, aiming to raise about $318.8 million at the top end of the range.

The company is offering about 18.8 million shares in the IPO and is expected to have a market capitalization of $1.92 billion (1.5 billion pounds) at the higher end.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

READ  Canada shares lower at close of trade; S&P/TSX Composite down 0.39%

LEAVE A REPLY

Please enter your comment!
Please enter your name here