Thoughtworks valued at $8.8 bln in market debut as shares rise 24%

| Wed, 15 Sep 2021 16:21:40 GMT

Sept 15 (Reuters) – Shares of Thoughtworks Inc, which helps firms digitize their operations, rose nearly 24% in their Nasdaq debut on Wednesday, valuing the company at about $8.84 billion.

The software consultancy company’s stock opened at $26, compared with its initial public offering price of $21.

(Reporting by Eva Mathews in Bengaluru; Editing by Maju Samuel)

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