Enterprise planning software provider overcame some tough sessions for tech stocks to deliver a strong IPO outcome, highlighting the willingness of investors to back high-growth companies even as equity markets show signs of turning bearish. After drawing heavy oversubscription levels, Anaplan raised US$263.5m from the sale of 15.5m primary shares at US$17.00, the top of the upwardly revised US$15-$17 marketing range. Debuting on the NYSE on Friday morning, the shares opened at US$24.25 for an immediate 42.7% gain.
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