13-04-2017 16:15 via feedproxy.google.com

Yext starts trading at $14 per share, up 27% from IPO price

Yext, a 10-year-old enterprise tech business that manages “digital knowledge” — mmmkay! — started trading this morning on the New York Stock Exchange at $14 per share, up by more than 27 percent from its IPO price of $11 per share.
The company was valued at around $940 million last night, MarketWatch reports, after selling 10.5 million shares to investors for approximately $115 million. Yext originally set its expected pri
Read more »