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Nov. 4, 2021, 11:19 a.m. EDT

NerdWallet IPO prices at $18 a share, midpoint of proposed range

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By Ciara Linnane


Personal finance website NerdWallet Inc. /zigman2/quotes/230207282/composite NRDS +5.30% said its initial public offering priced at $18 a share, the midpoint of its proposed $17 to $19 range. The company sold 7.25 million shares to raise $130.5 million. With 64.7 million shares expected to be outstanding after the deal, the company's valuation is $1.2 billion. The stock will trade on Nasdaq later Thursday under the ticker "NRDS," with Morgan Stanley leading a syndicate of eight banks.

US : U.S.: Nasdaq
$ 9.94
+0.50 +5.30%
Volume: 36,487
Aug. 8, 2022 10:12a
P/E Ratio
Dividend Yield
Market Cap
$641.73 million
Rev. per Employee

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