SoftBank-backed VTEX surges 32% in NYSE debut, valued at $4.7 bln

Vtex

21/07/2021 17:02

July 21 (Reuters) - Shares of Brazil's VTEX  VTEX.N  rose
32% in their New York Stock Exchange debut on Wednesday,
fetching the SoftBank Group-backed  9984.T  digital commerce
company a valuation of $4.7 billion.
    The stock opened at $25.10, up from the initial public
offering price of $19 per share.

      

 (Reporting by Niket Nishant and Noor Zainab Hussain in
Bengaluru; Editing by Aditya Soni)
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