(Pic: Signage in front of Qualtrics International Inc. headquarters in Provo, Utah)
NEW YORK: 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.
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.
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