- Digital adoption solutions provider WalkMe Ltd (NASDAQ:WKME) priced 9.25 million shares at $31 per share in its initial public offering.
- The estimated gross proceeds are $286.75 million.
- The underwriters have a 30-day option to purchase additional shares up to 1,387,500.
- The shares are estimated to begin trading today on the Nasdaq under the ticker symbol “WKME.”
Piper Sandler Upgrades Murphy Oil to Overweight, Raises Price Target to $54
Piper Sandler analyst Mark Lear upgrades Murphy Oil (NYSE:MUR) from Neutral to Overweight and raises the price target from $38 to $54.