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PowerSchool valued at over $3 billion in NYSE debut as share

PowerSchool valued at over $3 billion in NYSE debut as shares rise Reuters | Jul 28, 2021 03:51 PM EDT Signage for PowerSchool (NYSE:PWSC) is seen ahead of their Initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York City, New York, U.S. (Photo : REUTERS/Andrew Kelly) Shares of PowerSchool Holdings Inc rose 2.8% in their New York Stock Exchange debut on Wednesday, giving the cloud-based education software provider a valuation of about $3.57 billion. PowerSchool s listing comes as school districts have steadily increased investment in cloud-based software solutions during the COVID-19 pandemic. Advertisement Like Us on Facebook It (pandemic) put a bright shining light to the digital divide as well as need for digital transformation for school districts, Chief Executive Officer Hardeep Gulati told Reuters.

PowerSchool valued at over $3 billion in NYSE debut as shares rise

PowerSchool valued at over $3 billion in NYSE debut as shares rise
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