Blend Labs rises 11% in debut, valued over $4 bln

  • 7/16/2021
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July 16 (Reuters) - Shares of Blend Labs Inc opened 11% above their offer price on Friday, giving the digital banking platform a valuation of about $4.4 billion in its stock market debut on the New York Stock Exchange. The stock opened at $20 per share, compared with its initial public offering price of $18 per share.

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