Stock Watch: iTurf Raises IPO Price Again

iTurf, a network of sites that cater to Generation Y (10- to 24-year-olds), has raised its initial public offering price to $21-$22 from $16-$18 (US$), and it might not be done yet.

The stock goes public tomorrow, but final pricing won’t happen until after the market closes today.

The biggest winner has to be online teen clothing retailer Delia’s (Nasdaq: DLIA), which owns iTurf, and has seen its stock price soar as the IPO approaches. Delia’s stock was up 3-9/16 to 32-91/6 in early trading today.

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

E-commerce Times Channels