Zoom plans to price IPO at top end of range or above: Sources
https://www.cnbc.com/2019/04/17/zoom-plans-to-price-ipo-at-top-end-of-range-or-above-sources.html
Zoom, which lifted the pricing range for its upcoming IPO on Tuesday, is set to price the offering at the top end of that range or even above it, according to people familiar with the matter.
The provider of videoconferencing technology has said it will sell shares for between $33 and $35 a piece, giving it a market capitalization of up to $9 billion. That was an increase from a prior range of $28 to $32 and would make it one of the most richly valued software companies, based on its price relative to revenue.
Zoom plans to price IPO at top end of range or above: Sources
Apr 17, 2019, 4:18pm UTC
https://www.cnbc.com/2019/04/17/zoom-plans-to-price-ipo-at-top-end-of-range-or-above-sources.html
> Zoom, which lifted the pricing range for its upcoming IPO on Tuesday, is set to price the offering at the top end of that range or even above it, according to people familiar with the matter.
> The provider of videoconferencing technology has said it will sell shares for between $33 and $35 a piece, giving it a market capitalization of up to $9 billion. That was an increase from a prior range of $28 to $32 and would make it one of the most richly valued software companies, based on its price relative to revenue.