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Salesforce rival Freshworks valued over $12 billion after shares climb in debut By Reuters


© Reuters. FILEPHOTO: On July 29th, 2017, a man presses the keys on a keyboard in Las Vegas. REUTERS/Steve Marcus

Shares of business software company Freshworks Inc opened nearly 21% above the offer price in their Nasdaq debut on Wednesday, giving the (NYSE:) rival a market capitalization of $12.2 billion.

Opened at $43.50, the stock was nearly 21% higher than its original public offering price ($36)

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