Savers Value Village IPO Indicating $20-$22/Share; IPO Priced At $18/Share On ~22.3M Shares
Portfolio Pulse from Happy Mohamed
Savers Value Village (SVV) has indicated an IPO price range of $20-$22 per share, despite the IPO being priced at $18 per share on approximately 22.3 million shares.
June 29, 2023 | 2:09 pm
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POSITIVE IMPACT
SVV's IPO is priced higher than initially expected, indicating strong demand and potential for price appreciation.
The higher than expected IPO price range for SVV indicates strong demand for the stock. This could lead to price appreciation in the short term as investors may be willing to pay more for the shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100