ServiceTitan’s shares surged by 42% in their Nasdaq debut after raising $625 million in their IPO, with a market cap of $6.3 billion and an opening stock price of $101. The company is the first major tech IPO since late 2021, signaling a growing appetite for tech investments, despite challenges like rising interest rates. ServiceTitan, founded in 2007 by Vahe Kuzoyan and Ara Mahdessian, provides cloud software for contractors and had a net loss of $47 million on $198.5 million in revenue in the October quarter, showing strong growth but widening losses.
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Ex-police chief convicted of rape and murder captured after escaping Arkansas prison
Grant Hardin, a former Arkansas police chief convicted of rape and murder, was recaptured after escaping from prison nearly two weeks prior. Hardin, 56, impersonated a corrections officer to flee the North Central Unit and was found by law enforcement near an Izard County creek, identified through fingerprint analysis. He was serving sentences for the 2017 murder of James Appleton and the 1997 rape of Amy Harrison, having previously worked in various law enforcement roles,...
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