Pluralisight raises expected IPO pricing range, could now raise up to $290 million

Pluralsight raised the expected pricing range of its initial public offering, with the online education company now in line to raise up to $289.8 million. The company said it now expects its 20.7 million share offering to price between $12 and $14 a share. Last week, the company had expected the IPO to price between $10 to $12 a share, to raise up to $248.4 million. The company has granted the underwriters of the IPO options to buy up to an additional 3.1 million shares to cover over-allotments. Pluralsight is looking to go public at a time that the Renaissance IPO ETF has lost 0.5% over the past three months and the S&P 500 has eased 0.7%.