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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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IPO market braces for 14 deals this week — including payment processor Toast — unless Evergrande woes send issuers scurryingThe biggest deal of the week is expected to come from Freshworks ($FRSH), a California-based customer support software company that is seeking to raise up to $969 million. iamkoshiek there's so many IPOS going up on tech start ups... peep this
Source: MarketWatch - 🏆 3. / 97 Read more »