![]() That includes what has Altimeter Growth ( NASDAQ: AGC) falling, what to know about Hedera Hashgraph (CCC: HBAR-USD), as well as the news sending Lordstown Motors ( NASDAQ: RIDE) stock higher. InvestorPlace has all the latest stock news that traders need to know about today. The cloud storage company began trading just before noon ET Friday at 29, eight dollars above the 21 IPO price. ![]() InvestorPlace - Stock Market News, Stock Advice & Trading Tips Backblaze shares climbed 24 in their debut on Thursday and another 12 on Friday, lifting the price to 22.31 and giving the company a market cap of around 650 million. ![]() There’s plenty more news worth diving into below! They are also all still together working at Backblaze. Its mission is to offer in-depth reporting and long-form feature. (Note that Backblaze supports adding data via a hardware drive to B2 Cloud Storage with our. The Verge was founded in 2011 in partnership with Vox Media, and covers the intersection of technology, science, art, and culture. These co-founders had been working together for 20 years before creating Backblaze.ĭuring that time, they launched two other companies. As a cloud backup and cloud storage service provider. The company was created by seven co-founders that built their own storage solutions. The company currently has about 500,000 customers across more than 175 countries. Backblaze IPO Pricing - Backblaze expects to price its shares between 15.00 and 17.00 per share. Generally, shares that make their public stock market debuts start trading between 10 AM - 2 PM ET. Backblaze will start trading under the ticker symbol BLZE on Nasdaq. At the midpoint of the proposed range, Backblaze would command a fully diluted market value of 644 million. The San Mateo, CA-based company plans to raise 100 million by offering 6.3 million shares at a price range of 15 to 17. Users can also make use of the company’s services to host content, manage media, build apps, and more. Backblaze IPO Date - Backblaze will go public next Thursday, November 11. Backblaze, which provides cloud storage for consumers and SMBs, announced terms for its IPO on Tuesday. 7 F-Rated Stocks to Sell Before We Reach Christmasīackblaze is a cloud storage company that makes it easy for users to save their data.
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