Software Co BigCommerce IPO Soars 183 Pct
PYMNTS
AUGUST 6, 2020
BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. According to a PYMNTS report , Tiger Global Management plans to buy at least one-fifth of the shares in the IPO.
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