GreenSky's IPO at top end of target range
Friday, 25 May 2018
Online lending platform GreenSky's initial public offering was priced at the higher end of its target range on Thursday, in another sign of investor enthusiasm for financial technology stocks, reports Reuters.
The Atlanta-based company's IPO was priced at $23 per share. It had set a price range of $21 to $23 per share for 34.1 million Class A common shares, and sold 38 million shares.