Box’s $2.7 Billion IPO Is Quiet For A Tech Stock Debut
Box’s IPO was objectively successful, but compared to other recent tech debuts it was a quiet arrival.By Evan Thomas | January 24, 2015
Box’s initial public offering looks like something of an anomaly in today’s bubble-shaped tech industry.
Box, which offers cloud storage and file sharing tools for enterprise clients, closed with a $2.7 billion valuation after its share price surged 66 percent in its first day of trading. (Video via CNBC, Box)
USA Today characterized it as “what once would have been a normal, healthy initial technology stock offering.”