Translate

Wednesday, August 5, 2020

Rackspace closed ~22% down on its first day of trading, after raising $704M in its IPO, and now has a market value of $3.26B (Bloomberg)

Bloomberg:
Rackspace closed ~22% down on its first day of trading, after raising $704M in its IPO, and now has a market value of $3.26B  —  - Cloud computing firm Rackspace has year's worst debut in U.S.  — Fellow Texas firm BigCommerce doubles value on its first day



from Techmeme https://ift.tt/31pmqAA
via A.I .Kung Fu

No comments:

Post a Comment