MongoDB IPO Raises $192 Million As Stock Soars On First Trades

Database software company MongoDB (MDB) got a warm welcome to its initial public offering, with shares pricing high and bolting 37.5% on the first trades Thursday.

XAutoplay: On | OffMongoDB, late Wednesday, priced 8 million shares at $24, above the upwardly revised range of $20 to $22. The stock opened at 33 on the stock market today.

Institutional investors showed a strong interest in the IPO, which was in high demand, or "many multiple times oversubscribed," according to IPO research and...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

MongoDB [+]    MDB [+]    XAutoplay [+]    IPO [+]   

More #news: