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Qualtrics Shares Rise Nearly 40% in IPO

By
Kevin McLaughlin
· · Source: The Information

Qualtrics, which provides survey software to companies and academic researchers, became the latest business software company to have a successful public market debut . Its shares opened almost 40% higher than their IPO price of $30 and closed the day at $45.50, giving the 19-year-old company a market capitalization of more than $27 billion. The results underscore investors’ voracious...

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