ServiceTitan (TTAN) stock was up 46% in recent Thursday trading after opening at $101 per share in its Nasdaq debut, higher than the $71-per-share initial public offering price.
The offering, consisting of 8.8 million class A common shares, is expected to close on Friday, the company said. Underwriters were granted a 30-day option to purchase up to 1.3 million additional shares at the IPO price, ServiceTitan added.
Price: 103.70, Change: +32.70, Percent Change: +46.06
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.