Netsuite IPO raises to $16 to $19 per share

NetSuite, in an amended registration statement with the U.S. Securities and Exchange Commission raised the estimated price range for its IPO to $16 to $19 per share.

The previous price range for the 6.2 million share offering was $13 to $16 per share.

NetSuite Files to Raise Up to $118 Million in IPO. NetSuite still expects the offering to price after the stock market closes on or about Wednesday, December 19, 2007, but reserves the right to change the pricing date.

Original article here: http://www.cnbc.com/id/22309217