Software firm ServiceTitan valued at nearly $9 billion as shares soar in debut


A screen displays the company logo for ServiceTitan during the companys IPO at the Nasdaq Market in Times Square in New York City U.S. December 12 2024.  REUTERSBrendan McDermid

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.


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