Online lender Curo's stock jumps 3.6% in trading debut

Discussion in 'Market News' started by sniper-academy, Dec 7, 2017.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    Online lender Curo Group Holdings Corp.'s shares were up 3.6% in their trading debut Thursday, after the company priced its initial public offering at $14 a share. The company sold 6.7 million shares to raise $93.8 million. Proceeds will be used to pay down debt. Credit Suisse, Jefferies and Stephens Inc. were lead underwriters, with William Blair acting as co-manager. The stock is trading on the New York Stock Exchange under the ticker symbol "CURO". The S&P 500 was flat.

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