Subrat Patnaik / Bloomberg:

Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap  —  Navan Inc. shares slumped 20% after the business travel and expense management software maker and some of its shareholders raised $923.1 million …

Subrat Patnaik / Bloomberg:

Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap  —  Navan Inc. shares slumped 20% after the business travel and expense management software maker and some of its shareholders raised $923.1 million …

Source: TechMeme
Source Link: http://www.techmeme.com/251031/p1#a251031p1