Money - International
Big data firm Sumo Logic's shares surge 21pc in Nasdaq debut
Friday, 18 Sep 2020 9:12 AM MYT
NEW YORK, Sept 17 — Shares of Sumo Logic Inc jumped 21 per cent in their Nasdaq debut yesterday, after the big data firm raised US$325.6 million (RM1.34 billion) in its initial public offering.
The company's stock opened at US$26.64 per share compared with the IPO price of US$22 per share. — Reuters
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