{"id":18441,"date":"2014-07-18T16:22:15","date_gmt":"2014-07-18T16:22:15","guid":{"rendered":"https:\/\/www.lavca.org\/globant-becomes-first-latin-american-software-company-to-launch-ipo-on-nyse\/"},"modified":"2014-07-18T16:22:15","modified_gmt":"2014-07-18T16:22:15","slug":"globant-becomes-first-latin-american-software-company-to-launch-ipo-on-nyse","status":"publish","type":"post","link":"https:\/\/www.lavca.org\/globant-becomes-first-latin-american-software-company-to-launch-ipo-on-nyse\/","title":{"rendered":"Globant Becomes First Latin American Software Company to Launch IPO on NYSE"},"content":{"rendered":"<p align=\"justify\">(<a href=\"http:\/\/online.wsj.com\/articles\/argentinas-globant-shares-jump-after-nyse-ipo-1405717580\">WSJ<\/a>) Argentina&#8217;s Globant S.A. became the first Latin American software company to launch a public offering on the New York Stock Exchange, with the company&#8217;s stock rising as much as 30% after the opening bell Friday before giving back some of the gains. <!--more--><\/p>\n<p align=\"justify\">The company&#8217;s shares closed at $11.25 on Friday, up from an IPO pricing of $10 a share. &#8220;It&#8217;s a great milestone for the company,&#8221; Chief Executive Martin Migoya said in an interview from New York. The shares had been expected to launch at between $11 and $13 each, but the company decided to lower the price. &#8220;We didn&#8217;t want to push it to a level where investors felt uncomfortable,&#8221; Mr. Migoya said.<\/p>\n<p align=\"justify\">The IPO values Globant at almost $400 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(WSJ) Argentina&#8217;s Globant S.A. became the first Latin American software company to launch a public offering on the New York Stock Exchange, with the company&#8217;s stock rising as much as 30% after the opening bell Friday before giving back some of the gains.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Globant Becomes First Latin American Software Company to Launch IPO on NYSE - 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