US Stock Market Move | Fatpipe (FATN.US) enters the US stock market and surges over 68% during trading hours.

On Tuesday, network software technology provider Fatpipe (FATN.US) made its debut on the US stock market, soaring over 68% to $9.68 at the time of writing. The company had its initial public offering of 695,700 shares priced at $5.75 per share. It is reported that the company is a leading developer of enterprise, application-aware, secure Software-Defined Wide Area Network ("SD-WAN") solutions for enterprises, communication service providers, security service providers, government organizations, and other mid-market companies.