Software developer Klaviyo debuted on the New York Stock Exchange on Wednesday, a day after Instacart started trading on the Nasdaq
Klaviyo debuted on the New York Stock Exchange on Wednesday, a day after Instacart started trading on the Nasdaq.
The software company was valued at $9.2 billion after selling shares at $30 a piece in its IPO late Tuesday.shares jumped 23% to $36.75 in their New York Stock Exchange debut on Wednesday after the marketing automation company held the first notable IPO for a U.S. venture-backed software company since late 2021.19.2 million shares late Tuesday at $30 a piece, valuing the company at just over $9 billion on a fully diluted basis. Of those shares, 11.
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