The first post-billion, big tech IPO of the year has opened with a bang. Zscaler, a security startup that confidentially filed for an IPO last year, closed out its first day of trading at $33/share, up 106% from its opening price of $16.

The enterprise cloud services company started trading this morning as ZS on Nasdaq at a price of $27.50/share,  a pop of 71.9  percent on its opening price, and its stock today reached a peak of $33.37.

Read the full article here: https://techcrunch.com/2018/03/16/security-startup-zscaler-ipo/