Virgin America to raise up to $368M in initial public offering

Today Virgin America revealed it plans to raise as much as $368 million in an initial public offering on the NASDAQ. Listing under the symbol “VA,” Virgin America aims to sell 13,106,377 shares at the price of $21 to $24 per share, but the company has the option to sell more. Virgin America’s IPO has apparently been in the works since 2009, according to Forbes. The IPO will […]