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Toast, Freshworks Make Strong Market Debuts

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Technology companies Toast and Freshworks had strong public-markets debuts Wednesday, midway through a busy week for initial public offerings

Technology companies Toast Inc. and Freshworks Inc. had strong public-markets debuts on Wednesday, midway through a busy week for initial public offerings.

Shares of Toast closed Wednesday up roughly 56%, valuing the company at $35.94 billion. Freshworks’s shares closed up 32%, valuing it at $15.3 billion.

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