Box (NYSE: BOX) Stock Soars 77% in Debut, but Challenges Remain

Box Inc. (NYSE: BOX) stock soared 77% in its debut today (Friday), reaching a high of $24.73 per share. The Box IPO raised $175 million, as the company sold 12.5 million shares for $14 each. The $14 offer price was above its proposed range of $11 to $13 per share. The post Box (NYSE: BOX) Stock Soars 77% in Debut, but Challenges Remain appeared first on Money Morning - Only the News You Can Profit From .