(Reuters) – Automation tech startup UiPath Inc was valued at $34 billion in its U.S. market debut on Wednesday, the latest tech company to capitalize on investors’ appetite for high-growth stocks.
The stock opened at $65.50, up almost 17% from the offer price of $56 per share.
(Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni)