Roland Martin
@rolandsmartin·1.9M subscribers·31.6K videos
Robert Smith Opens NYSE; Shares Of Ping Identity Surge More Than 30% In Their Market Debut
Posted
September 22, 2019
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2:51Now PlayingBusinessman and philanthropist Robert Smith opened the New York Stock Exchange Thursday morning.
If you remember, Smith is the man who wiped out the student loan debts of the entire 2019 graduating class of Morehouse College.
His company Ping Identity according to CNBC "finished more than 30% higher in its stock market debut.
"The Denver-based company, which offers software that enables corporate workers to log into multiple applications securely, priced its initial public offering of 12.5 million shares at $15 each.
"The stock traded as high as $20.14 per share before closing at $20.11 for a 34% gain." []
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