Line Jumps in U.S. After Pricing at High End of IPO Range: Chart

Line Soars in $1.3 Billion U.S. Trading Debut

Line Corp. rallied in its U.S. trading debut Thursday after the Japanese messaging firm raised $1.3 billion in the year’s biggest technology initial public offering. Shares opened at $42 after pricing at $32.84 apiece, and climbed to as much as $44.49. The application developer, which is listing in the U.S. and Japan, will start trading in Tokyo on Friday.

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