Friday, December 16, 2016

Trivago Raises $287M In IPO

Trivago, the hotel search service which is owned by Bellevue-based Expedia, raised 287M in its IPO on Thursday, after pricing it shares on the NASDAQ Global Market at $11.00 per share. The company priced below an earlier IPO estimate of $13.00 to $15.00 per share. Trivago is based in Germany.