Revolve Group (NASDAQ:RVLV) raised $212 million after pricing at $18 per share Thursday night, the top end of its range. Investors were eager for a piece of the California fashion retailer, propelling its stock to a $25.24 debut.
Revolve is a feminine clothing, footwear and accessories seller founded in 2003 focused on millennial and Gen-Z customers. Its platform offers more than 500 brands and 45,000 products.
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The company's stock price was up nearly 46% to $26.25 a share midday Friday.
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