Commerce

Kayak Prices Slightly Above Expectations at $26 a Share

Published on July 19, 2012
by Tricia Duryee

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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