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June 26, 2020 09:00 pm GMT

Agora starts life as a public company by more than doubling to $50 a share

Shares of Agora, a China and U.S.-based “real-time engagement” API company, soared today after it went public. Yesterday Agora priced 17.5 million shares at $20 apiece, up from its target range of $16 to $18 per share. The firm raised $350 in its debut, or around 10 times its Q1 2020 revenue and is now […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5fXcBnwM0TA/

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