OneStream’s shares rise nearly 30% in market debut

(Reuters) -KKR-backed OneStream’s shares rose nearly 30% in their Nasdaq debut on Wednesday, signaling investor demand for fresh offerings in 2024.

OneStream’s shares began trading at $26 apiece, giving the company a valuation of nearly $6 billion.

(Reporting by Pritam Biswas in Bengaluru; Editing by Shounak Dasgupta)