UPDATE 2-Thoughtworks valued at about $9 bln after shares surge in debut

update 2 thoughtworks valued at about 9 bln after shares surge in debut

Sumary of UPDATE 2-Thoughtworks valued at about $9 bln after shares surge in debut:

  • By Eva Mathews2 Min Read(Reuters) -Shares of Thoughtworks Inc jumped nearly 24% in their Nasdaq debut on Wednesday, valuing the company at nearly $9 billion, after the software consultancy firm priced its initial public offering well above range.
  • We will hire across the globe, and continue to invest in our service offerings,” Chief Financial Officer Erin Cummins told Reuters.

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