Orbitz Worldwide up 7% in Pre-Market - Prices Stock OfferingMd Noman Siddique (Author) Published Date : May 30, 2014 00:54 IST
Orbitz Worldwide (OWW) was up more than 7% in recent pre-market trading on Friday after announcing late on Thursday the pricing of an underwritten public offering of 7.5 million common shares held by an affiliate of Travelport Limited at $6.60 each. The online travel company will not receive any proceeds from the offering. OWW closed at $6.92 Thursday, in a 52-week range of $6.40 - $13.26.
Orbitz Worldwide up 7% in Pre-Market - Prices Stock Offering