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todayonline - 24 days ago

SolarWinds shares rise 3.2 percent in downsized market debut

SolarWinds Corp s shares SWI.N rose as much as 3.2 percent in their downsized U.S. market debut on Friday, giving the enterprise software maker a market value of about $4.80 billion. The company s shares opened at $15.41, about 2.7 percent above its initial public offering price of $15. The Austin, Texas-based company had initially filed to sell 42 million shares and expected the offering to be priced between $17 and $19 apiece. The company cut the IPO size after

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