Briefing

Toast and Freshworks Have Strong Public Company Debuts

By
Aidan Ryan
· · Source: The Information

Restaurant-management software platform Toast and enterprise subscription software company Freshworks both saw their stocks soar on their opening days as public companies on Wednesday. Boston-based Toast, which priced its IPO at $40 per share, above the expected range, and closed the day at $62.51. And Freshworks, which priced shares at $34, closed at $47.55, amounting to a 32% increase. ...

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