Orbitz Stock Prices at $26 for IPO

Orbitz, which operates a Web site selling flights, lodging, rental cars and vacation packages, announced that 12.18 million shares would be available. The company is selling 4 million shares and various other stockholders are selling another 8.18 million shares.

The $26 price was above the $22 to $24 per share Orbitz expected, according to documents the company filed last month with the Securities and Exchange Commission.