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Company News

SoftBank-backed BigCommerce shares jump nearly 3-fold in blockbuster Nasdaq debut

Aug 5 (Reuters) - SoftBank-backed BigCommerce Holdings Inc’s shares jumped nearly three-fold in their Nasdaq debut on Wednesday, after the e-commerce platform provider sold shares to investors in its $216.5-million initial public offering (IPO).

The stock opened at $68, compared with its IPO price of $24.00 per share. (Reporting by Noor Zainab Hussain and Anirban Sen in Bengaluru; editing by Uttaresh.V)

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