Shares of Zscaler Inc. , the first Silicon Valley tech unicorn to go public in 2018, surged 70% in their first trading debut Friday after they were priced above range in the company’s IPO. The stock was up more than $11 at $27.41 in its first 10 minutes of trade. Zscaler sells cloud security software that lets IT departments monitor all the traffic on your corporate network while protecting it. The company sold 12 million shares to raise $192 million with Morgan Stanley and Goldman Sachs acting as lead underwriters. The S&P 500 was up 0.4%. The stock is trading on Nasdaq under the ticker symbol “ZS.”
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