27 Oct

ForeScout Technologies pops 16% in first day of trading

 ForeScout Technologies saw its shares spike 16 percent during intraday trading after going public on Friday. After pricing at the top of the range at $22 per share, the stock was hovering above $25 midday. The Internet of Things security company also increased the size of its IPO and raised about $116 million after selling 5.3 million shares. Read More
Source: TechCrunch – Funding and Exits

Leave a Reply

Your email address will not be published. Required fields are marked *