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 […] The post Cerebras stock almost doubles from its initial offering price after the biggest tech IPO in years raised $5.5B appeared first on SiliconANGLE .