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ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan.ServiceTitanServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range. The company is set to debut on the Nasdaq on Thursday under ticker symbol "TTAN." ServiceTitan previously raised its price range to between $65 and $67.ServiceTitan sold 8.8 million shares in the offering, which would amount to a raise of almost $625 million. At the IPO price, ServiceTitan...

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