Outbrain Prices IPO Below Expected Range; Trading Begins Today

  • Open web recommendation platform Outbrain Inc OB priced 8 million shares at $20 per share in its initial public offering.
  • It earlier expected to price its IPO at $24 to $26 per share.
  • The estimated gross proceeds are $160 million.
  • The shares will begin trading on the Nasdaq under the symbol "OB" today.
  • The underwriters have a 30-day option to pursue an additional 1.2 million shares.
Loading...
Loading...
FPX Logo
FPXFirst Trust US Equity Opportunities ETF
$122.65-2.17%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
84.81
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...