Etsy prices IPO at $16, the high end of the range

Etsy, which operates an online marketplace for handmade and vintage goods, raised $267 million by offering 16.7 million shares at $16, the high end of the range of $14 to $16. Etsy plans to list on the NASDAQ under the symbol ETSY. Etsy initially filed confidentially on 11/4/2014. Goldman Sachs and Morgan Stanley acted as joint bookrunners on the deal.

The article Etsy prices IPO at $16, the high end of the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.