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Cloudflare opens up more than 27% on its first day of trading after raising $525M in its IPO, which valued the company at over $4B

KEY POINTS  — Cloudflare priced its IPO at $15 on Thursday, higher than its earlier expected range of $12 to $14 per share.  —  Matthew Prince of CloudFlare.

CNBC Annie Palmer

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  • @technology @technology on x
    Cloudflare, which helps websites protect and distribute content, prices shares above target to raise $525 million, sources say https://www.bloomberg.com/...
  • @pri_mathur Priyamvada Mathur on x
    @Cloudflare priced its shares at $15 apiece. To visualize the numbers surrounding its journey to the public market and its high-profile IPO, check out this datagraphic from @PitchBook https://pitchbook.com/...