Eventbrite‘s stock soars in post-IPO debut on NYSE

Shares of Eventbrite Inc. are up 65% in midday trading Thursday following the company‘s initial public offering. The first trade was executed for $36 at 11:35 a.m. Eastern time. Shares recently changed hands at $37.94, above the stock‘s $23 IPO price, which was at the high end of a raised range. Eventbrite raised $230 million through the offering. Eventbrite‘s IPO comes as the S&P 500 has gained 9.6% on the year. The Renaissance IPO ETF has climbed 7.9% in that time.

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