Pattern Group (NASDAQ:PTRN) attracted a clean sweep of bull ratings from Wall Street analysts after the expiration of the IPO quiet period. Firms that initiated coverage on Pattern Group (NASDAQ:PTRN) ...
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Pattern IPO To Debut On Nasdaq Today: E-Commerce Accelerator Raises $300 Million At $2.5 Billion Valuation
Pattern Group Inc. (PTRN) and its existing shareholders raised $300 million through an initial public offering (IPO) of 21.4 million shares ahead of the company’s debut on the Nasdaq on Friday.
Pattern Group (NASDAQ:PTRN) opened for trading early Friday afternoon at $13.50 before settling back to $13.39 at 1:10 p.m. The IPO was priced at $14.00, which was the middle of the anticipated range.
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