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Posts published in “IPO”

Restaurant-Software Maker Toast Valued at Nearly $33 Billion as Shares Surge in Debut

Toast Inc fetched a valuation of nearly $33 billion in its New York Stock Exchange debut on Wednesday, as shares of the restaurant software provider jumped 63 percent, underscoring a deep investor appetite for fast-growing software firms. The stock opened at $65.26, compared with its initial public offering price of $40 per share. The valuation […]