3 Min Read (Reuters) - Shares of Qualtrics International Inc jumped nearly 40% on Thursday in their Nasdaq debut, valuing the firm at nearly $21 billion, against the backdrop of a capital market frenzy that has seen investors flock to technology stocks. FILE PHOTO: The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. REUTERS/Ralph Orlowski Shares of the survey-software seller, owned by German business software giant SAP SE, opened at $41.85, after it raised about $1.55 billion in its upsized initial public offering. The blockbuster debut underscores that investor appetite for high-growth tech stocks shows no signs of abating in the near term, even as U.S. capital markets hit record highs. Companies raised a record $168 billion through IPOs in 2020, according to data from Dealogic.