Procore Technologies IPO
Procore Technologies provides cloud-based construction management software that helps construction companies manage projects, resources, and financials. The company serves contractors, owners, and specialty contractors with tools for project management, quality control, and financial oversight.
What We Know
Procore Technologies went public in May 2021 on the New York Stock Exchange under the ticker symbol PCOR. The company raised approximately $634 million in its IPO, pricing shares at $67 each, which was above the expected range of $60-65 per share. This gave Procore an initial market valuation of around $9.6 billion. The IPO was well-received by investors, driven by strong demand for construction technology solutions and Procore's position as a leader in the construction management software market. The company benefited from increased digitization in the construction industry, particularly accelerated by the COVID-19 pandemic's impact on traditional construction workflows.
Frequently Asked Questions
Has Procore Technologies had an IPO?
Yes, Procore Technologies completed its IPO in May 2021. The company went public on the New York Stock Exchange under the ticker symbol PCOR.
When is the Procore Technologies IPO date?
Procore Technologies already had its IPO on May 20, 2021. The company has been publicly traded for several years now.
How can I buy Procore Technologies stock?
You can buy Procore Technologies stock through any brokerage account since it trades publicly on the NYSE under the ticker PCOR. The stock is available for purchase during regular market hours and after-hours trading.
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