Action-camera company GoPro Inc. (Nasdaq: GPRO) released more information about its upcoming IPO on Wednesday, stating the company plans to raise up to $427.2 million in the deal. That would give GoPro a valuation of approximately $3 billion.
In today's regulatory filing, the company said that an IPO price range of $21 to $24 per share has been set.
La Quinta Holdings Inc. (NYSE: LQ) stock was down in its first day of trading today (Wednesday) after the company's IPO price disappointed early investors.
The company announced late Tuesday that it was offering 38.3 million shares at $17 each. The company had estimated offering 37.2 million shares at a price range of $18 to $21. The La Quinta (NYSE: LQ) IPO price was lower than expected, and the stock opened down today. But these bullish indicators still remain for LQ.
The La Quinta IPO price may be lower than expected but these bullish indicators still remain for LQ stock...
The 2014 IPO market is cluttered with hot tech offerings, but a clothing retailer might start stealing headlines as rumors pick up of a $5 billion J. Crew Group Inc. IPO.
Earlier this week, Bloomberg reported that J. Crew could be valued as high as $5 billion when it comes to market, citing anonymous sources close to the company. Reportedly, J. Crew has been interviewing numerous banks before making a final decision on an initial public offering.