Reformation IPO Indicating $16/Share; IPO Priced At $15/Share On 14.063M Shares
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Why It Matters
Reformation, a clothing company, went public by selling shares to the public for $15 each—a bit less than some people thought it might be worth. When a company first sells shares, the price it picks tells us how excited investors are about its future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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