Thursday, March 9, 2017

J.Jill IPO raises less than hoped amid uncertain times for clothing retailers

Image result for j. jillQuincy-based women’s clothing retailer J.Jill Inc. will start trading today on the New York Stock Exchange after raising $152 million in its initial public offering, less than it had been hoping for when it set its terms last week.

J.Jill, which will be listed on the NYSE under the ticker, “JILL,” priced nearly 11.7 million shares Wednesday night at $13 each, below the range the company had set on Feb. 27 in a federal filing.
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