SecureWorks’ stock whipsawed Friday on its first day of trading as a public company.
Shares of the cyber security company, listed under the ticker “SCWX,” opened lower at $13.89, but quickly recovered, last trading slightly higher above $14. This is the first initial public offering (IPO) of a U.S. technology company in 2016.
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This article originally appeared on Recode.net.
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