Cryptocurrency Prices by Coinlib
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Trivago Raised $184 Million for Expansion in a $4 Billion IPO

Trivago’s stock, trading under the symbol TRVG, had a modest opening day on its first day getting bought and sold on Nasdaq in New York, finishing up 7.73 percent at $11.85 per share. Investors decided that its valuation should be around $4 billion, compared with rival TripAdvisor’s $6.87 billion. The bankers handling the initial public offering, which priced at $11 per share on 15th December and opened at $11.20 on 16th December, had hoped to have Trivago’s stock debut in the $13 to $15 per share range but started out lower so they could generate the demand they needed.

 

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