U.K. luxury-clothing marketplace Farfetch Ltd. FTCH, +0.00% priced its initial public offering at $20 a share, above its price range of $17 to $19. The company sold 44.2 million shares to raise $884 million. Shares will start trading later Friday on the New York Stock Exchange under the ticker symbol "FTCH." No fewer than nine banks worked as underwriters on the deal, led by Goldman Sachs, JPMorgan, Allen & Co. and UBS.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.