ServiceTitan pops to $101 in cloud software vendor's Nasdaq debut after selling shares at $71

Vahe Kuzoyan, President & Co-Founder of ServiceTitan, poses for photos after ringing the opening bell at the Nasdaq MarketSite on December 12, 2024 in New York City.ServiceTitan shares popped 42% in their Nasdaq debut on Thursday after the provider of cloud software to contractors raised around $625 million in its IPO.The company, trading under ticker symbol, sold shares at $71 a piece on Wednesday, above the expected range. The stock opened at $101. Based on its IPO price, the company's market cap was abou ...