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“PubMatic stock opens 26% above IPO price, and keeps rising”

“PubMatic Inc.’s soared out of the gate Wednesday, as the stock opened 25.6% above the initial public offering price. The IPO priced late Tuesday at $20 a share, above the previously expected range of $16 and $18 a share. The California-based provider of a cloud platform that enables programmatic advertising transactions was valued at $956.5 million at the IPO pricing. raised $651 million in the IPO…”

https://finance.yahoo.com/m/7cddb8e4-6f9e-3e50-a5f4-b28967ddb1a1/pubmatic-stock-opens-26-.html

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