Monday, November 5, 2018

Qualtrics Sets Initial IPO Range

Provo, Utah-based Qualtrics, the developer of customer experience management software, has set the initial estimated range for its IPO. Qualtrics said Monday morning that it anticipates that its initial public offering price will be between $18.00 and $21.00 per share. The company is selling 20,512,821 shares, and has applied to list on the Nasdaq Global Select Market as XM. The IPO will be the latest in a strong IPO year for Utah, which has had IPOs this year already from Domo, Lovesac, and Pluralsight.