Zscaler soars 106% on first day of trading

It was a big debut for enterprise cloud security company Zscaler,which saw its shares skyrocket 106% on its first day of trading. After pricing at $16, shares opened at $27.50, and closed at $34.
This was also well above the original expected price range for its IPO of $10 to $12. The company ultimately raised $192 million. In other words, there was significantly better-than-expected demand for Zscaler.
But not everyone likes a big pop. This means the company could have technically sol