Enterprise software company SUSE falls in debut
19/05/2021 08:15
FRANKFURT, May 19 (Reuters) - Shares in enterprise software
company SUSE SUSEG.DE fell in their Frankfurt stock market
debut on Wednesday, opening at 29.5 euros versus its 30 euro
issue price.
The company had priced its shares towards the lower end of
its 29 to 34 euros per share marketing range, to secure a solid
aftermarket performance, according to people close to the deal.
SUSE makes open-source software that helps companies to run
applications on cloud servers, mainframe computers and devices
at the edges of networks.
(Reporting by Arno Schuetze
Editing by Riham Alkousaa)
((arno.schuetze@thomsonreuters.com; +49 30220133648;))