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Pluralsight IPO prices above the expected range to raise $310.5 million

Pluralsight Inc. PS, +0.00% disclosed Thursday that it priced its preliminary public providing at $15 a proportion, which used to be above the expected range of $12 to $14 equipped previous this week. The on-line education company is providing 20.7 million stocks, to raise $310.five million. If the underwriter exercise the choices to shop for up to an extra 3.1 million stocks to cover overallotments, the company could carry $357.1 million. The stock will probably be indexed on the Nasdaq Global Select Market below the ticker image "PS," and is anticipated to start trading later Thursday. The company goes public at a time that the Renaissance IPO ETF IPO, +0.66% has slipped 1.2% over the past three months and the S&P 500 SPX, +0.41% has eased 0.4%.