Cerebras to Boost Price of IPO to as High as $160, Reuters Says
Posted by MarketsWire
Cerebras Systems Inc. is considering raising its initial public offering price range to between $150 and $160 per share, up from $115 to $125 per share previously, Reuters reported on Sunday.
1 replies
tomspark wrote:
That's a huge jump from the original range. Either demand is insane or they're testing how high they can push it before hitting resistance.