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Viking Holdings Priced, NYSE: VIK

Global luxury river and ocean cruise line.

Industry: Consumer Discretionary

Latest Trade: $28.68 0.00 (0.0%)

First Day Return: +8.8%

Return from IPO: +19.5%

Industry: Consumer Discretionary

Viking was founded in 1997 with four river vessels and a simple vision that travel could be more destination-focused and culturally immersive. Today, we have grown into one of the world’s leading travel companies, with a fleet of 92 small, state-of-the-art ships, which we view as floating hotels. From our iconic journeys on the world’s great rivers, including our new Mississippi River itineraries, to our ocean voyages around the globe and our extraordinary expeditions to the ends of the earth, we offer meaningful travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. With more than 450 awards to our name, we are a leader in the industry and were rated #1 for Rivers, #1 for Oceans (for ships sized 500 to 2,500 berths) and #1 for Expeditions by Condé Nast Traveler in the 2023 Readers’ Choice Awards. This is the first time a travel company has been voted #1 in all three categories simultaneously. We believe we are well-positioned for future growth. To address the strong demand from our guests, we have ordered 18 new river vessels for delivery through 2026 and six new ocean ships for delivery through 2028.
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IPO Data
IPO File Date 04/05/2024
Offer Price $24.00
Price Range $21.00 - $25.00
Offer Shares (mm) 64.0
Deal Size ($mm) $1,537
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/30/2024
Offer Price $24.00
Price Range $21.00 - $25.00
Offer Shares (mm) 64.0
Deal Size ($mm) $1,537
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
J.P. Morgan
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Company Data
Headquarters Pembroke, Bermuda
Founded 1997
Employees 9,500
Website www.viking.com

Viking Holdings (VIK) Performance