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Fastly pops in public offering showing that there’s still money for tech IPOs

Fastly pops in public offering showing that there’s still money for tech IPOs

TechCrunch Startup News · TechCrunch

May 20, 20193m 11s

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Show Notes

Shares of Fastly, the service that’s used by websites to ensure that they can load faster, have popped in its first hours of trading on the New York Stock Exchange. The company, which priced its public offering at around $16 — the top of the estimated range for its public offering — have risen more than 50% since their debut on public markets to trade at $25.01.

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