Providence-backed DoubleVerify’s shares jumps 30% in NYSE debut
A DoubleVerify Inc. banner is displayed, to celebrate the company s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., April 21, 2021. REUTERS/Andrew Kelly
April 22, 2021
(Reuters) – Shares of DoubleVerify Holdings Inc jumped nearly 30% in their U.S. market debut on Wednesday, giving the digital media engagement tracking software maker a market value of about $5.4 billion.
The listing marks another strong debut for a tech company, with robust investor appetite for high-growth stocks also fueling rallies in shares of Coupang Inc and Roblox Corp on their debuts.