Switch starts trading at $21.7 after pricing at $17 - Breaking The News

Switch starts trading at $21.7 after pricing at $17

6 October

1 min read

EPA/ANDREW GOMBERT

Switch Inc. shares started to trade on the New York Stock Exchange under the ticker SWCH on Friday at around $21.7 after being priced at $17. The stock jumped over 35% on its first day of trading.

The Las Vegas-based data-center operator raised $531.3 million in the offering. The company's core business is renting cloud service infrastructure to customers such as Amazon, eBay and PayPal.

switch ipo

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