Tuesday, July 19, 2011

Zillow Prices At $20 Per Share

Seattle-based real estate site Zillow said Tuesday afternoon that it has priced its IPO at $20 per share, and will begin trading tomorrow morning on the Nasdaq Global Market. The firm will be listed under the ticker symbol "Z". The firm priced above its initial estimated pricing of $16.00 to $18.00 per share, which was above earlier estimates of $12.00 to $14.00 per share earlier this month. Zillow is venture backed by TCV, Benchmark, and PAR Investment Partners, among others.