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 story : Kaltura stock opens with a 15% gain, valuing company at more than .4 billion #FinanceUSA #StockMarketNEWS Kaltura Inc. received a warm welcome on Wall Street Wednesday, as the New York-based real-time,

@stockMarketNEWS 9 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Kaltura stock opens with a 15% gain, valuing company at more than .4 billion #FinanceUSA #StockMarketNEWS
Kaltura Inc. received a warm welcome on Wall Street Wednesday, as the New York-based real-time, on-demand video products provider's stock opened 15% above its initial public offering price. The IPO priced at a share, in the middle of the expected range of between and a share, as the company raised 0.0 million. The stock's first trade on the Nasdaq was at .50 at 12:42 p.m. Eastern for 1.3 million shares. At that price, the company was valued at .43 billion. The company went public on day of relatively strong investor interest in IPOs, as the Renaissance IPO ETF rose 1.7% in afternoon trading while the S&P 500 tacked on 0.6%.


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