Pivotal Software closed up 5% following IPO, raised $555 million

Post date: 2018-04-21 10:29:09
Views: 108
Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73. Although it didn’t “pop” for new investors, pricing at the midpoint of its proposed range allowed Pivotal to raise $555 million. Its public company market cap exceeded $3 billion. The enterprise
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