Zscaler IPO Doubles In Debut After Pricing Above Range, Raising $192 Million

Network security company Zscaler (ZS) was off to a strong start Friday as the initial public offering raised $192 million, shares jumped 72% on the first trade and ended the day worth more than double their IPO price. Zscaler priced 12 million shares at 16 and opened at $27.50 during morning trading on the stock market today. The stock closed the…

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