Tech

Workplace collaboration company monday.com closed up 15% in its Nasdaq debut Thursday, after raising $574M in its IPO, giving it a market cap of ~$7.82B (Ari Levy/CNBC)


Ari Levy / CNBC:

Workplace collaboration company monday.com closed up 15% in its Nasdaq debut Thursday, after raising $574M in its IPO, giving it a market cap of ~$7.82B  —  – Zoom and Salesforce each invested $75 million into Monday.com’s IPO.  — The company went public at $155 a share, and the stock closed on Thursday at $178.87.

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