AppDynamics files for an initial public offering

Software company AppDynamics filed for an initial public offering Wednesday, after delaying it earlier this year. The company had previously said it was delaying its offering until 2017 due to uncertainty after the U.S. presidential election, according to the Wall Street Journal. The company filed for an offering of up to $100 million. The company is valued by private investors at $1.9 billion. AppDynamics applied to list on the Nasdaq Global Select under the symbol “AAPD.” The lead underwriters on the offering are Morgan Stanley, Goldman, Sachs & Co. and J.P. Morgan.

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