https://www.siliconvalley.com/2019/12/12/bill-com-of-palo-alto-gets-an-early-christmas-present-as-shares-climb-61-in-ipo/

Christmas came early for Palo Alto’s Bill.com, as the cloud-based payment technology company’s shares surged more than 61% in their public trading debut Thursday.

Bill.com shares ended the day at $35.50 after the company priced 9.8 million shares at $22 a piece. Demand for Bill.com stock turned out to be so popular that the company raised its IPO price from its estimated range of $19 to $21 a share. Bill.com raised $216 million in its IPO.