July 1 (Reuters) – Uber-backed Lime’s shares jumped 8% in its Nasdaq debut on Wednesday after the company raised $167 million in its U.S. IPO, valuing the electric scooter and bike operator at about $1.73 billion.
Its shares opened at $27, compared with the initial offering price of $25.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Tasim Zahid)
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