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Synchrony IPO Price Set Today; Here's What to Watch for as SYF Stock Hits Market
The Synchrony IPO price was set at $22 per share today (Wednesday), meaning the company raised $2.88 billion in its initial public offering.
Shares were priced at the low end of the previously proposed range of $23 to $26 per share. Synchrony Financial (NYSE: SYF) had been expected to raise $3.1 billion.
Here’s what to watch for as Synchrony stock starts trading...
The Synchrony IPO price was set at $22 per share today (Wednesday), meaning the company raised $2.88 billion in its initial public offering.
Shares were priced at the low end of the previously proposed range of $23 to $26 per share. Synchrony Financial (NYSE: SYF) had been expected to raise $3.1 billion.
Here’s what to watch for as Synchrony stock starts trading...