ServiceTitan IPO Highlights

This is a news story, published by CNBC, that relates primarily to IPO news.

stocks trading & speculation news

For more stocks trading & speculation news, you can click here:

more stocks trading & speculation news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about

IPO price

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Technology IPOs news, Tech IPOs news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Cloud software stocks

CNBC

•

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

Summary

Nutrition label

89% Informative

ServiceTitan, a provider of cloud software to contractors, priced its IPO at $ 71 a share.

The company is set to debut on the Nasdaq on Thursday under ticker symbol "TTAN" Cloud software stocks quickly went out of favor after remote work during the pandemic had accelerated their growth.

Tech IPOs have been sparse since late 2021 when inflation and rising interest rates pushed investors out of riskier assets.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech