Freshworks’ Class A Common Stock (FRSH) on the Nasdaq was listed on Wednesday with the opening price of $43.5 — well higher than the set price of the IPO at $36 per share.
On the first day, the stock price reached a high of $48.75 before closing at $47.55 and a volume of 2,01,42,120.
Also see: What makes Freshworks and Girish Mathrubootham tick?
On Friday, the stock closed at $46.75, a drop of 1.66 per cent. The price reached an intra-day high of $48.73, and volume was 17,25,257 with a market cap of $13.15 billion, according to information on the Nasdaq website.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.