logo-loader
Market ReportIPO ROUND-UP

Millenial fashion retailer Revolve makes high-flying public debut

Investors were eager for a piece of the California fashion retailer, propelling its stock to a $25.24 debut

Woman wearing dress
Revolve is a feminine clothing, footwear and accessories seller focused on millennial and Gen-Z customers

Revolve Group (NASDAQ:RVLV) raised $212 million after pricing at $18 per share Thursday night, the top end of its range. Investors were eager for a piece of the California fashion retailer, propelling its stock to a $25.24 debut.

Revolve is a feminine clothing, footwear and accessories seller founded in 2003 focused on millennial and Gen-Z customers. Its platform offers more than 500 brands and 45,000 products.

READ: IPO Roundup: Chinese tutoring company GSX Techedu makes its debut; Peloton confidentially files for IPO

The company's stock price was up nearly 46% to $26.25 a share midday Friday.

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel
 

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Sarama Resources is well funded with an interesting project...

Sarama Resources (CVE: SWA) CEO Andrew Dinning sat down with Steve Darling from Proactive Vancouver to discuss the company and its' 100% owned South Houndé Project which is located situated in the prolific Houndé Belt. Dinning talked about the work that has been done there in the past and...

5 hours, 3 minutes ago

2 min read