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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. Technically and after delivering more than a double to Vroom’s IPO investors, shares are back where they were on day two of public company life. That high represented a … After a pause during the COVID-19 lockdowns, the IPO market is heating up again, and a smashing debut from Vroom (NASDAQ:VRM) Tuesday proved investors are …
Used car marketplace Vroom set a price range of between $15 and $17 per share for its IPO, according to an updated filing with the U.S. Securities and … Vroom plans to offer about 18.8 million shares at a price range of $18 to $20 as part of the IPO and is expecting a valuation of $2.25 billion at the top end of the range, according to a filing. Vroom’s IPO price of at $22 a share was upped from a previous range of $18-$20. The IPO was priced at $22 apiece on Monday, above the upwardly revised range of $18 to $20… Here Are 5 Things You Need to Know About the Used Car Disruptor The latest market debutante is chasing a $400 billion opportunity. Vroom Soars on Its IPO. The number of shares the … The public offering price for shares in VROOM (VRM) was $22, and the stock closed yesterday at $55.84, off from a high of over $60 earlier in the day. Crunchbase is the leading destination for millions of users to discover industry trends, investments, and news about global companies–from startups to the Fortune 1000. Vroom late Monday priced its IPO at $22 a share, raising nearly $500 million for a market capitalization around $2.5 billion. The company originally filed to offer 18.8 million shares at a range of $15 to $17, before raising the range on Friday. On Friday, Vroom changed its expected IPO price range from $15 to $17 per share and raised it to $18 to $20 per share.
The company is offering about 21.25 million shares, for a market capitalization of around $2.48 billion. (https://bit.ly/374ah6i) The company Vroom priced its initial public offering at $22 per share, which came in above its price range of $18 to $20 per share. Shares opened at $40.25, giving the company a market value of $4.54 billion. Auto-retail site Vroom (VRM) is reporting some successful fund-raising, pricing its initial public offering at $22/share.