PayPay opens at $19, IPO priced at $16 per share

SoftBank Group’s (SFTBY) payments app operator, PayPay (PAYP), priced its initial public offering of 55M American depositary shares at $16.00, below the $17.00-$20.00 target range. Goldman Sachs, JPMorgan, Mizuho and Morgan Stanley acted as joint book running managers for the offering. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on PAYP: Disclaimer & DisclosureReport an Issue ...