Reuters: Technology News: Shares of Palo Alto soar 36 percent in NYSE debut

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Shares of Palo Alto soar 36 percent in NYSE debut Jul 20th 2012, 14:22 Fri Jul 20, 2012 10:01am EDT (Reuters) - Shares of Palo Alto Networks Inc soared 31.3 percent in their market debut on Friday, as investors bet on growth of the enterprise software market. The Santa Clara, California-based company, which makes security software for businesses, opened New York Stock Exchange trading at $55.15 after shares priced above the expected range at $42.00.

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