Online Retailer Wayfair Leads List Of 6 IPOs Thursday

By | October 2, 2014

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Online retailer Wayfair popped 32% in its stock market debut Thursday, leading a list of six IPOs. Wayfair (W) raised $319 million by offering 11 million shares at 29, above its expected range of 25 to 28. The stock was above 38 in late-afternoon trading on the stock market today. Wayfair operates five online retail sites that sell a variety of goods for the home. For the six months that ended on June 30, Wayfair reported revenue of $574.1 Scalper1 News

Scalper1 News