rue21 (RUE) Sees IPO Price of $16-$18
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rue21, inc. (Nasdaq: RUE) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 6,765,437 shares and expects the offering price to be between $16-$18 per share. The Company plans to list on the Nasdaq under the symbol "RUE".
The offering is being made through BofA Merrill Lynch, Goldman Sachs, JPMorgan and Piper Jaffray.
rue21 is a fast growing specialty apparel retailer offering the newest fashion trends for girls and guys at value prices.
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