Vizio Is Best Known for Bargain TVs, But Wants IPO Investors to Focus on Its High-Growth Ads Business Instead
By Poppy in Technology
Updated 3 years ago
Vizio plans to sell shares in next week's IPO at $21 to $23 each, giving it a valuation of $4.2 billion at the top end of the range. The company gets well over 90% of its revenue from TV sales, but that business has plateaued because prices have plummeted. Vizio...