Monday, November 25, 2024

SHARES OF ON24, A MAKER OF WEBINAR AND VIRTUAL EVENT SOFTWARE, JUMPED NEARLY 54% IN ITS DEBUT WEDNESDAY AFTER RAISING $428M+ IN ITS IPO (SOHINI PODDER/REUTERS)

Shares of ON24, a maker of webinar and virtual event software, jumped nearly 54% in its debut Wednesday after raising $428M+ in its IPO  —  (Reuters) – Shares of Goldman Sachs-backed ON24 Inc jumped nearly 54% in their market debut on Wednesday, giving the webinar-marketing platform a market value of over $3.42 billion.

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