Thursday, April 14, 2011

Zipcar Prices IPO at $18, Above Range, Debuts Thursday

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On the eve of Zipcar's Nasdaq debut on Thursday, the car sharing company priced its stock at $18 per share late Wednesday, well above the previous estimated range of $14 to $16 per share, and raising $174.24 million, far above Zipcar's original estimate of $75 million.

By CLAIRE CAIN MILLER 14 Apr, 2011


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Source: http://feeds.nytimes.com/click.phdo?i=238d2fd1b531b4ebf0039b95f1143694
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