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Billionaire Siebel's C3.ai boosts IPO price range as investors flock to tech stocks

Billionaire Siebel's C3.ai boosts IPO price range as investors flock to tech stocks

3 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/c3-ai-ipo/billionaire-siebels-c3-ai-boosts-ipo-price-range-as-investors-flock-to-tech-stocks-idUSKBN28H1JZ

C3.ai, founded by billionaire tech entrepreneur Tom Siebel, said on Monday it expects to raise $589 million in its initial public offering (IPO) after boosting its price range, underscoring the demand for new tech listings.

Billionaire Siebel's C3.ai boosts IPO price range as investors flock to tech stocks

Dec 7, 2020, 1:24pm UTC
https://www.reuters.com/article/c3-ai-ipo/billionaire-siebels-c3-ai-boosts-ipo-price-range-as-investors-flock-to-tech-stocks-idUSKBN28H1JZ >C3.ai, founded by billionaire tech entrepreneur Tom Siebel, said on Monday it expects to raise $589 million in its initial public offering (IPO) after boosting its price range, underscoring the demand for new tech listings.