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Hair products maker Olaplex boosts IPO price ahead of debut

·1 min read
Hair products maker Olaplex boosts IPO price ahead of debut
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Olaplex Holdings Inc. on Tuesday hiked the estimated price range of its upcoming initial public offering to $17-$19 a share, from $14-$16 a share. The Santa Barbara, Calif.-based hair-products maker kept the size of the offering at 67 million shares. At the midpoint of the higher price range, the company will raise $1.2 billion with lead underwriters Goldman Sachs, J.P. Morgan Chase, Morgan Stanley and Barclays. The IPO is expected to price later this week and trade on the Nasdaq under the symbo