Friday , 20 July 2018

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Apptio shares surge 44% in trading debut

Shares of cloud company Apptio Inc. surged 44% Friday in their trading debut, jumping to more than $23 from their issue price of $16. The company sold 6 million shares late Thursday to raise $96 million. The company is now enjoying a market capitalization of 2.6 billion. The stock is trading on the Nasdaq exchange under the ticker symbol ‘APTI’.

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Apptio shares surge 44% in trading debut Reviewed by on . Shares of cloud company Apptio Inc. surged 44% Friday in their trading debut, jumping to more than $23 from their issue price of $16. The company sold 6 million Shares of cloud company Apptio Inc. surged 44% Friday in their trading debut, jumping to more than $23 from their issue price of $16. The company sold 6 million Rating:
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