Lending Club, Alibaba-Backed Momo Refuel IPO Market

By | December 1, 2014

Scalper1 News

The IPO market is re-accelerating following Thanksgiving week, when no new issues debuted. Seven companies on Monday each set terms for an initial public offering, the largest being Lending Club (LC), an online marketplace connecting borrowers and investors. Five of the seven IPOs coming are in the technology field. All seven are expected to begin trading the week of Dec. 8. Lending Club looks to raise $635 million by offering 57.7 million shares Scalper1 News

Scalper1 News