SurveyMonkey’s IPO Is Upsized! Hits High of $20 In Its First Day of Trading!
SurveyMonkey (Nasdaq: SVMK ) is a leading global survey software company Founded in 1999. SurveyMonkey has changed the way people gather feedback by making it easy for anyone to create their own online surveys. Today, SurveyMonkey’s mission is to power curious individuals and organizations to measure, benchmark and act on the opinions that drive success. Their People Powered Data platform enables conversations at scale to deliver impactful customer, employee and market insights. The company’s 750+ employees are dedicated to fueling the curiosity of over 16 million active users globally. For more information about SurveyMonkey, please visit surveymonkey.com.
Today, SurveyMonkey went public on the Nasdaq. The IPO had great interest and was upsized to 15 million shares offered at $12/share above the expected range of $9 to $11 raising $180 million. The stock surged as high as $20 share or an increase of 67% before closing at $17/share in its first day of trading.