Kayak (KYAK) is likely to raise its IPO price range from a current $22-$25, CNBC reports; the...

|About: Kayak Software Corporation (KYAK)|By:, SA News Editor

Kayak (KYAK) is likely to raise its IPO price range from a current $22-$25, CNBC reports; the network adds that shares will begin trading on Friday. At $25/share, Kayak would have a market cap of $964M. The travel search engine posted Q1 revenue of $73.3M (+39% Y/Y), and net income of $4.1M. (S-1)