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#IPO Report: Lulu’s Fashion Lounge prices IPO at $16 a share, at low end of range

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#IPO Report: Lulu’s Fashion Lounge prices IPO at $16 a share, at low end of range

Lulu’s Fashion Lounge Holdings Inc. priced its initial public offering at $16 a share Wednesday night, at the bottom of its expected range.

The online fast-fashion retailer plans to sell 5.75 million shares, raising $92 million. Shares had expected to price between $16 and $19. Shares are expected to start trading on the Nasdaq on Thursday under the symbol “LVLU.”

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