Webtoon Entertainment IPO Price Indicating $23.25/Share; IPO Priced At $21/Share On 15M Shares
Portfolio Pulse from Benzinga Newsdesk
Webtoon Entertainment's IPO is priced at $21 per share for 15 million shares, with an indicated price of $23.25 per share.
June 27, 2024 | 2:14 pm
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POSITIVE IMPACT
Webtoon Entertainment's IPO is priced at $21 per share for 15 million shares, with an indicated price of $23.25 per share. This suggests strong demand and potential for a positive price movement post-IPO.
The IPO pricing at $21 per share with an indicated price of $23.25 per share suggests strong demand for Webtoon Entertainment's stock. This is likely to result in a positive price movement in the short term as investors show interest in the new offering.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100