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Software startup ServiceTitan valued at $8.97 billion as shares jump 42% in Nasdaq debut

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ServiceTitan’s shares soared 42% on their Nasdaq debut, valuing the cloud-based software company at nearly $9 billion. The IPO, priced above the raised range, generated $625 million. This success reflects renewed investor confidence in the IPO market, following strong performances by recent tech listings like Reddit and Rubrik. 

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