May 23, 2018 / 2:55 PM / 7 months ago

Payments processor EVO Payments soars in Nasdaq debut

May 23 (Reuters) - Payment processor EVO Payments Inc's shares rose as much as 26 percent to $20.18 in its market debut on Wednesday.

Shares opened at $20.05, above its initial public offering price of $16.

The offering of 14 million Class A shares by EVO Payments and selling stockholders raised $224 million, after being priced at the upper-end of its projected range. (Reporting by Nikhil Subba in Bengaluru; Editing by Bernard Orr)

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