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Medallia Stock Surges Over 75% on First Day of Trading

Puja Tayal
Medallia Stock Surges Over 75% on First Day of Trading

Medallia stock goes live on NYSE  On Friday, the stock of enterprise software company Medallia (MDLA) went live after its IPO. In its first day of trading on the NYSE, Medallia stock surged 76%. Medallia joins the line of several software IPOs that launched this year, including Zoom Video Communications (ZM), Pagerduty (PD), Slack, and Pinterest.