Dun & Bradstreet Shares Jump as IPO Raises $1.7 Billion

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Investing.com — Dun & Bradstreet Holding Inc. jumped 17% after its NYSE debut Wednesday.

Shares of the data and analytics company’s opened at $25, above its $22 initial public offering price, itself higher than the previously expected range of $19 to $21.

DNB was trading near $25.59 at 12:58 PM ET. The company sold 78.30 million shares to raise $1.72 billion, more than the expected 67.75 million shares.

Markets were trading slightly higher on hopes for a vaccine for the Covid-19 virus.

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