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Technology

Squarespace valued at $6.5 bln in market debut

1 minute read

May 18 (Reuters) - (This May 19 story corrects dateline)

Squarespace Inc (SQSP.N) was valued at $6.5 billion in its market debut on Wednesday, after its shares opened 4% below their reference price.

Shares of the website building and hosting company opened at $48, down from the reference price of $50 a share.

Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi

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