Subscription biller Zuora closes at $20 on first day of trading after pricing IPO at $14 and raising $154M on Wednesday, giving the firm a valuation of ~$1.4B (Sara Salinas/CNBC)

Sara Salinas / CNBC:
Subscription biller Zuora closes at $ 20 on first day of trading after pricing IPO at $ 14 and raising $ 154M on Wednesday, giving the firm a valuation of ~$ 1.4B  —  – It priced its 11 million shares at $ 14 on Wednesday, above a revised expected range of $ 11 to $ 13.


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