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April 6, 2017 08:50 pm GMT
After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day up over 19 percent at $7.76, but this was still well below the expected range of $12 to $14. They decided to go through with the offering to take advantage of an open “IPO window,” with a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/USNC9Bi3fX4/
Elevate Credit pulls off lending IPO
After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day up over 19 percent at $7.76, but this was still well below the expected range of $12 to $14. They decided to go through with the offering to take advantage of an open “IPO window,” with a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/USNC9Bi3fX4/
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