Bulletin
Investor Alert

Market Pulse Archives

June 4, 2020, 10:09 p.m. EDT

Shift4 Payments prices IPO higher than expected, at $23 a share

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Mike Murphy

Shift4 Payments Inc. priced its initial public offering at $23 a share Thursday night, above its expected range of $19 to $21 a share. The payment-processing and technology company will offer 15 million Class A shares, to raise $345 million. Shares are expected to start trading Friday on the New York Stock Exchange under the ticker "FOUR." The lead underwriters of the IPO are Citigroup, Credit Suisse and Goldman Sachs. Shift4 reported a net loss of $5.2 million on revenue of $199.4 million for the first quarter, compared with a loss of $13.5 million on revenue of $155 million in the year-ago period.

Get news alerts on Shift4 Payments Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.