Daily Archives: April 12, 2018

Zuora prices IPO at $14 a share, above its expected range

Zuora Inc. will price its initial public offering at $14 a share, above its estimated range of $11 to $13 a share, the company said late Wednesday. The subscription-management platform will offer 11 million shares, raising about $154 million. It will start trading Thursday on the New York Stock Exchange under the ticker symbol "ZUO."
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Zuora stock soars in debut: 'The inflection point of the subscription economy'

The company raised $154 million through its IPO. Zuora Inc.' s management didn't hesitate about their plans to take the company public even during a period of heavy market volatility, a move that paid off Thursday. Shares of Zuora (ZUO), which makes software that helps companies transition to subscription business models, popped 43% in their…
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Zuora Opens Trade at 36% Premium From IPO Price at $19.10

Zuroa kicked off its first day on the Nasdaq with a 36% premium over its initial public offering price of $14.00 per share, eventually striking a high of $21.23. Shares of the subscription software company last traded more than 48% higher at $20.83. Price: 20.83, Change: +6.83, Percent Change: +48.79. MT Newswires does not provide…
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