Taylor Morrison scores big with IPO

Taylor Morrison Home Corp. (TMHC) raised $628.6 million in its initial public offering, pricing an increased number of shares at the top of the marketed range. 

The homebuilder sold 28.6 million shares for $22 each, after offering 23.8 million shares for $20 to $22. 

The shares started trading Wednesday, listed on the New York Stock Exchange under the symbol TMHC. 

 

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