There are a few B2B FinTech firms looking to float in the coming weeks, but Coupa beat them to the punch with its debut late last week. Reports on Thursday (Oct. 6) said the company, which priced its shares at $18, saw its value spike in the first day of trading.
At its peak, Coupa shares reached more than $41, closing at an impressive $33.28. Its market cap was placed at $1.66 billion, reports said.