Identity management firm Ping Identity closes up 30% on its initial day of trading right after raising $188M in its IPO, which valued the firm at $1.16B (Abhishek Manikandan/Reuters)

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Abhishek Manikandan / Reuters:

Identity management firm Ping Identity closes up 30% on its initial day of trading right after raising $188M in its IPO, which valued the firm at $1.16B&nbsp &mdash&nbsp (Reuters) – Shares of Ping Identity Holding Corp (PING.N) jumped 25% in their market place debut on Thursday, providing the identity software program firm a market place worth of about $1.46 billion.



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