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Australian software company Atlassian soars 32% on US$5.8bn Nasdaq float

Discussion in 'Market News' started by Lily, Dec 11, 2015.

  1. Lily

    Lily Forum Member

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    Atlassian’s initial public offering raised US$462m in biggest float of an Australian company on US markets

    Stock in the Australian software company Atlassian soared 32% after listing on the Nasdaq stock market overnight.

    Hitting the boards on Thursday in New York under the code name TEAM, the stock debuted at US$27.67 (A$38.10), up from the US$S21 premium investors paid during the company’s initial public offering (IPO).

    Related: BRW rich list: uni mates who became Australia's first tech billionaires

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