ShotSpotter (SSTI), a company that uses sensors and software to detect gunfire for law enforcement and security services, saw solid demand for its new issues after it raised $30.8 million with its initial public offering.The company priced 2.8 million shares at $11 per share, the midpoint of the expected range.The stock hit a high of […]
Artificial Intelligence company Veritone (VERI) had a bad debut on Wall Street. Its initial public offering broke (closed below its offer price), with shares finishing sharply in the red.Veritone opened above its IPO price of $15 on the Nasdaq Friday, but quickly sank below that level. The company raised $37.5 million with its IPO.Veritone is […]
Earnings season brings another day of digesting numbers for the stock market, with a host of household names reporting results. Overall the market was little changed.The broader market has seen gyrations this week on anticipation and then digestion of President Donald Trump’s tax plan. A proposed big drop in the corporate tax rate brought buyers […]