Apptio (APTI) IPO Opens Up 47%

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Go back to Apptio (APTI) IPO Opens Up 47%

Apptio (APTI) Prices 6M Common Stock IPO at $16/Share, Above Expected Range

September 23, 2016 6:12 AM EDT

Apptio, Inc. (Nasdaq: APTI) announced the pricing of its initial public offering of 6,000,000 shares of Class A common stock at a price to the public of $16.00 per share. In addition, Apptio has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock at the initial public offering price. Apptio's Class A common stock is expected to begin trading on the NASDAQ Global Market under the symbol "APTI" on September 23, 2016. The offering is expected... More