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Cloud Co. Box Soars 40% In IPO After Pricing Above Range

By Chelsea Naso (January 23, 2015, 11:22 AM EST) -- Venture capital-backed cloud storage provider Box Inc. priced above expectations to raise $175 million in its initial public offering and soared nearly 40 percent in its first day of trading on the New York Stock Exchange Friday, roughly nine months after the California startup postponed its public debut plans amid unfavorable market conditions....

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