
A screen displays the company logo for ServiceTitan, during the company's IPO at the Nasdaq Market in Times Square in New York City, U.S., December 12, 2024. REUTERS/Brendan McDermid
(Reuters) -Shares of ServiceTitan rose about 42% in their U.S. market debut on Thursday, giving the cloud-based software company a valuation of nearly $9 billion.
The company's shares opened at $101 apiece in their Nasdaq debut, compared with the initial public offering (IPO) price of $71.