Advanced

MongoDB's IPO Beats the Market Out of the Gate

Posted by brideoflinux on · Post a comment
IT Pro; By Christine Hall 		Mail this story
Print this story

The market opened at $33, about a third higher than Mongo's asking price. In total, the company raised somewhere around $192 million and is now valued at $1.17 billion. Those numbers could go up before it's all said and done, however. Underwriters have an option to purchase an additional 1.2 million of the Class A stocks that were on sale today.

Full Story

  Nav
» Read more about: Story Type: News Story; Groups: Developer

» Get new stories by e-mail: nightly or as they are published

« Return to the newswire homepage

  Related stories
» More like this

Comments

No comments yet. Be the first.

Post a comment

A free account is needed to post. Write your comment here first: your text is kept in this browser while you sign up or log in, and is waiting for you when you come back.

Your message:
|||||
10
Markdown: **bold**, *italic*, [text](https://link), - lists, > quotes, $x^2$ for math. Formatting help

Sign up and post (it is free)  or  Log in and post