Shopify Attracts More Shoppers Anxious For Its IPO

By | May 19, 2015

Scalper1 News

Shopify increased the expected price of its upcoming IPO, indicating strong demand for shares of the provider of e-commerce services for small to medium-sized businesses. Shopify raised its offering price to a range of 14 to 16 a share, from 12 to 14. At the midpoint, Shopify would raise nearly $116 million by selling 7.7 million shares and have a valuation above $1 billion. The initial public offering is set to price late Wednesday and begin Scalper1 News

Scalper1 News