Despegar.com, Corp. Announces Pricing of Initial Public Offering

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Despegar.com (DESP) IPO Opens 12% Higher

September 20, 2017 10:22 AM EDT

Today's IPO for Despegar.com, Corp. (NYSE; DESP) opened for trading at $29 after pricing its initial public offering of 12,770,000 ordinary shares of the company at a public offering price of $26.00 per share.

In addition, Despegar has granted the underwriters a 30-day option to purchase up to an additional 1,915,500... More