makes blockbuster debut as tech stays favorite


Shares of digital coupon company Inc nearly doubled in their trading debut, valuing the company at over $2.2 billion and underscoring the popularity of technology IPOs.

The 16-year-old company raised $168 million from its initial public offering after receiving strong investor interest for its extensive digital promotion platform. is the third technology company to go public this year, after the successful debuts of Inc and Varonis Inc.

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