Viant Technology stock rockets 75% after IPO

0

Shares of Viant Technology Inc.
DSP,

jumped 76% in Wednesday morning trading after opening on the Nasdaq. The stock opened at $44 a share in its first trade following the company’s initial public offering. Viant’s offering priced at $25 a share late Tuesday, above an already raised range of $22 to $24 a share. Viant makes advertising technology geared toward helping marketers and agencies buy and measure their spots. Viant comes public as the Renaissance IPO ETF
IPO,
+0.61%
has risen 43% over the past three months and as the S&P 500
SPX,
-0.26%
has gained 10% in that span.

Source

Leave A Reply

Your email address will not be published.

X