U.S. business inventories climb 0.5% in August

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Yeti Holdings refiles for IPO after scrapping earlier plans

Yeti Holdings , a maker of coolers and drinking equipment, refiled for an initial public offering on Monday, saying it plans to offer 20 million shares priced at $19 to $21 each. The company had filed for an IPO in 2016, but scrapped those plans earlier this year, citing market conditions. BofA Merrill Lynch, Morgan Stanley and Jefferies are lead underwriters on the deal with another nine banks acting as co-managers. The company would raise $400 million at the midpoint of its price range. It plans to list on the New York Stock Exchange under the ticker symbol “YETI”.

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