SaaS Unicorn Zuora Surges 50% in IPO

San Mateo, Calif.-based enterprise software provider Zuora was the latest tech unicorn to hit the public markets last week, beginning trading on the New York Stock Exchange under the ticker symbol ZUO. The 12-year-old company, head by well-known tech executive Tien Tzuo, saw its share price skyrocket from its initial public offering price of $14 on Wednesday night to $20.60 as of Monday close.