Page 21 - Daniel Dines News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In NYSE debut. Shares of automation software provider UiPath jumped 23.21 percent in their New York Stock Exchange debut, underscoring investors' appetite for high-growth tech stocks. The stock closed its first day on the stock market at US$69 a share, up from its US$56 IPO price, giving the company a market capitalisation of US$35.82 billion. "This is just a milestone," Daniel Dines, chief executive and co-founder told Reuters in an interview. "Starting from tomorrow, our focus is posting a good quarter, and we're really marching on our vision of empowering everyone through automation." Bac...

A Romanian startup rides a wave of automation to a blockbuster stockmarket listing | Business

UiPath US$1.3bn IPO boosts stock Bloomberg Automation software maker UiPath Inc on Wednesday climbed in its trading debut after its US$1.3 billion initial public offering (IPO), surpassing its valuation in a private funding round this year. The shares closed up 23 percent to US$69 in New York, giving UiPath a market valuation of about US$36 billion and a fully diluted value, including employee stock options and restricted stock units, of more than US$38 billion. The company and investors sold almost 24 million shares on Tuesday for US$56 each. While the IPO priced above a marketed range, it s...

UIPATH-IPO/ (UPDATE 1):UPDATE 1-UiPath raises $1.34 billion in IPO

Europe’s seed fund