Elevate Credit pulls off lending IPO

 After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day up over 19% at $7.76, but this was still well below the expected range of $12 to $14. They decided to go through with the offering to take advantage of an open “IPO window,” with a strong… Read More

from https://techcrunch.com/2017/04/06/elevate-credit-pulls-off-lending-ipo/?ncid=rss