Accel-backed Atlassian shares soar in market debut, brings light to IPO market

Accel-backed Atlassian shares soar in market debut, brings light to IPO market

Mike Cannon-Brookes (C) and Scott Farquhar (centre, L), co-founders and CEO's of Atlassian Software Systems smile during its opening public offering (PO) at the Nasdaq at a MarketSite in New York December 10, 2015. REUTERS/Shannon Stapleton

Atlassian Corp Plc brought some cheer to the end of a dour year for technology public offerings on Thursday with a 32-percent pop on its Wall Street debut, demonstrating that investors are eager to reward growing tech companies that can reliably turn a profit.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter