Apigee Pops 17% in Nasdaq Debut after Raising $87M in IPO

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Apigee, a company with software for predictive analytics and management of application programming interfaces (APIs), debuted today on the Nasdaq under the symbol APIC, with the stock opening at $20 per share, up 17 percent from the $17 price at which it sold shares in its initial public offering (IPO).

All told, Apigee raised nearly $87 million in its IPO, after selling 5,115,000 stock shares, according to a statement from the company.

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