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SoftBank-backed VTEX surges 32% in NYSE debut, valued at $4.7 bln

July 21 (Reuters) - Shares of Brazil’s VTEX rose 32% in their New York Stock Exchange debut on Wednesday, fetching the SoftBank Group-backed digital commerce company a valuation of $4.7 billion.

The stock opened at $25.10, up from the initial public offering price of $19 per share.

Reporting by Niket Nishant and Noor Zainab Hussain in Bengaluru; Editing by Aditya Soni

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