Deals
Pagerduty to Raise $218 Million in Above-Range U.S. IPO
This article is for subscribers only.
Pagerduty Inc., which makes tools for software developers, jumped as much as 65 percent in its debut after raising $218 million in its U.S. public offering.
Shares opened at $36.75 percent in New York trading Thursday, after the company sold 9.07 million shares at $24 each. The stock closed up 59 percent to $38.25, giving the San Francisco-based company a market value of about $2.8 billion.