Wealthfront IPO: Stock price closely watched today as financial platform starts trading on the Nasdaq

Wealthfront Corp. is looking to rake in the wealth after going public on Friday. The Palo Alto-based automated digital wealth platform raised $486 million after selling 43.6 million shares, putting the company's valuation at roughly $2 billion. Wealthfront shares began trading on the Nasdaq Global Select Market under the ticker "WLTH.†The company made more than 34.6 million shares of common stock available for the initial public offering (IPO) for $14—an offering that expires on Monday, December 15. The sto ...