Enfusion stock opens 18% above IPO price to value investment management software company at $2.3 billion
Yahoo! Finance
Enfusion Inc. was well received on its Wall Street debut, as the Chicago-based investment management software company's stock opened 17.6% above its IPO price. The company raised $260.5 million as it sold 15.32 Class A million shares in its initial public offering, which the company said overnight priced at $17 a share, at the top of the expected range of between $15 and $17 a share. Selling shareholders sold raised $58.3 million as they sold 3.43 million shares in the IPO. The stock's first tra
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