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Box (NYSE: BOX) Stock Soars 77% in Debut, but Challenges Remain
Box Inc. (NYSE: BOX) stock soared 77% in its debut today (Friday), reaching a high of $24.73 per share.
The Box IPO raised $175 million, as the company sold 12.5 million shares for $14 each. The $14 offer price was above its proposed range of $11 to $13 per share.
Box Inc. (NYSE: BOX) stock soared 77% in its debut today (Friday), reaching a high of $24.73 per share.
The Box IPO raised $175 million, as the company sold 12.5 million shares for $14 each. The $14 offer price was above its proposed range of $11 to $13 per share.