Zillow Prices IPO Between $12 And $14 Per Share With Nearly $400 Million Valuation
July 06, 2011 at 15:45 PM EDT
Real estate listings site Zillow has just filed additional documents with the SEC indicating the initial range for the company's upcoming IPO. Zillow's price range will start at $12 to $14 per share, giving the company a $378 million valuation. The company aims to raise as much as $55.7 million in the IPO. Zillow will begin trading under the symbol "Z" on the NASDAQ. Zillow, which initially filed its S-1 in April, currently lists over 100 million U.S. homes, including homes for sale, homes for rent and homes not currently on the market. Zillow launched a mortgage marketplace in 2008, and subsequently expanded into rentals and mobile .