Tuesday, May 15, 2018

Pluralsight Bumps IPO Offering Range

Farmington, Utah-based Pluralsight has bumped its initial public offering (IPO) estimated offering range, saying this morning that it now expects to price its IPO at between $12.00 and $14.00 per share. The bump comes as Pluralsight has been in the midst of its "road show" to institutional investors. The new offering range is above an earlier, estimated IPO range of $10.00 to $12.00 per share, indicating that the company has seen good reception from investors for its public offering. Pluralsight is expected to price its IPO on Thursday, and would start trading on the Nasdaq Global Select Market as PS on Friday.