Enterprise Specialist Rally Software Raises $84M In IPO As Shares Pop 28%, Now Trading At $18

Rally Software shares floated for the very first time today as the company had its IPO on the NYSE. The agile project management software development company priced its 6 million shares at $14, raising $84 million at a valuation of $315 million. Shares popped more than 28 percent in the first hour of trading, under the ticker RALY, and the stock is now trading around $18/share. That brings valuation to around $401 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/B-gLcqKRPB0/

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