December 9, 2020

Tom Siebel on TheStreet:’s IPO and Competitive Strengths (AI) went public on Wednesday, Dec. 9. The company had priced at $42 a share on Tuesday night, but opened for public trading at $100 a share.

Before Tuesday, the company had been estimated to price between $36 to $38.

“Our market-entry strategy has been to establish high-value customer engagements with large global early adopters, or lighthouse customers, in Europe, Asia, and the U.S. across a range of industries,” the company said in its IPO prospectus.

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