Cerebras stock almost doubles from its initial offering price after the biggest tech IPO in years raised $5.5B

Updated with opening stock price: Cerebras Systems Inc. today opened trading as a public company at $350 a share, 89% above its offering price, as it kicked off what looks like a huge year for initial public offerings.

The enthusiastic reception among investors follows on Wednesday’s pricing of its stock at $185 per share ahead of the most […]

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