July 31, 2020 / 4:14 PM / 9 days ago

REFILE-Brazil education firm Vasta shares jump 16.3% in Nasdaq debut

(Refiles to fix typo in reporting credits)

July 31 (Reuters) - Vasta Platform’s shares rose more than 16% in their Nasdaq debut on Friday, after the unit of Brazilian for-profit education company Cogna Educacao SA sold shares to investors in its $352.9 million initial public offering.

The stock opened at $22.10, compared with its IPO price of $19.00 per share. (Reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Amy Caren Daniel)

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