Ollie's Bargain Outlet Raises $143 Million With IPO

Ollie's Bargain Outlet (OLLI) raised $143 million with its initial public offering, pricing 8.925 million shares at 16, above its estimated range of 13 to 15. The stock priced Wednesday afternoon and will begin trading Thursday on the Nasdaq under the ticker OLLI. IPOboutique.com reported the pricing news. Ollie's operates 187 closeout retail locations in 16 states. It reported revenue of $638 million for 2014, up 18%, and net income of $27

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Ollie [+]    Bargain Outlet [+]    OLLI [+]    Nasdaq [+]   

More from #economy