Kayak Prices Slightly Above Expectations at $26 a Share

Kayak has officially priced its initial public offering at $26 a share to raise $91 million, at a valuation of $1 billion. The online travel company was initially seeking to sell 3.5 million shares between $22 to $25 each. Trading is expected to begin Friday morning on Nasdaq under the ticker symbol “KYAK.”


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”