Software startup Sprinklr shares fall in NYSE debut, valued at .7 billion

Software startup Sprinklr shares fall in NYSE debut, valued at $3.7 billion

By Sohini Podder 

  (Reuters) -Shares of Sprinklr Inc, which counts Microsoft Corp and Verizon Communications Inc as customers, fell nearly 9% in their U.S. stock market debut on Wednesday, valuing the software startup at about $3.7 billion. 

  The New York-based company, backed by private equity firm Hellman & Friedman, raised $266 million in its downsized initial public offering on Tuesday. (https://bit.ly/3gVux0R) 

  Shares opened at $14.60, compared with Sprinklr’s IPO price of $16…


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