Reported Earlier, Reformation Prices Initial Public Offering Of 14,062,500 Common Shares At $15.00 Per Share Ahead Of NYSE Debut
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Why It Matters
Reformation, a clothing company, is selling shares to the public for the first time at $15 each, which means regular people can now own a piece of it. This is a big milestone that shows the company thinks it's ready to grow, so watch how many people want to buy those shares—that tells you if people are excited about the business.
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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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