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Crypto Firm Bullish Surges 143% in Debut After $1.1 Billion IPO

The New York Stock Exchange during the Bullish IPO on Aug. 13.Photographer: Michael Nagle/BloombergBullish shares jumped 143% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering.Shares of the Cayman Islands-based company opened at $90 each on Wednesday, versus an IPO price of $37 apiece, with shares climbing further before being halted. The offering had been upsizedBloomberg Terminal to 30 million share...

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