Switch finishes up 22% in data center IPO

Las Vegas-based data center operator, Switch, went public on the New York Stock Exchange today, under the ticker “SWCH.” After pricing its IPO above the proposed range at $17, the company closed at $20.73, up almost 22%.  The company raised $531 million in its offering. Here’s how Switch describes itself in its filing: “We believe we are a pioneer in the design… Read More...