UK-based financial services data provider Markit closed its initial public offering at almost $1.48bn on Tuesday after its underwriters took up the option to buy a further 8 million shares.
Markit initially floated on Nasdaq at $24.00 on June 19th, and opened on Tuesday at $26.76. It is currently trading at $26.98.
The flotation saw several financial services firms that had been investors divest shares, with Goldman Sachs, Deutsche Bank and JP Morgan Chase all achieving partial returns of more than $120m.