Yext IPO | Street Fight

Yext Shares Up Sharply in Initial Day of Trading, Portending Well for Local

David Hirschman

Yext Shares Up Sharply in Initial Day of Trading, Portending Well for Local

Yext’s shares jumped nearly 22% in the company’s initial day of trading, with the price rising as high as $14.25 per share before settling to $13.41 at close. The strong opening was a hopeful message from Wall Street for the local marketing industry, which has been looking to Yext’s IPO as a bellwether.