Comment on Datto trades modestly higher after pricing IPO at top of range

Datto trades modestly higher after pricing IPO at top of range

After pricing at $27 per share, Datto’s stock rose during regular trading. By mid-afternoon the data and security software company was worth $28.10 per share, up a hair over 4%. The company’s IPO comes on the back of a rapid-fire Q3 in which a host of technology companies, particularly software, made it to the public markets.

 

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