How much is Blend Labs worth?

Blend raised a total of $360 million via yesterday’s IPO and has a market value of almost $4 billion. (Courtesy of NYSE) Shares of Blend Labs, a San Francisco-based mortgage software company, debuted on the New York Stock Exchange on Friday at $18, hitting the top-line IPO price of $16 to $18 per share.

Did Blend Labs raise $360 million?

Blend Labs Inc., a lending platform for financial companies, raised $360 million in an initial public offering price at the top of a marketed range. San Francisco-based Blend sold 20 million Class A shares Thursday for $18 each, according to a statement. The company had marketed 20 million for $16 to $18. Have a confidential tip for our reporters?

Is Blend Labs (blnd) a good stock to buy?

It must have been painful to be a Blend Labs, Inc. ( NYSE:BLND) shareholder over the last year, since the stock price plummeted 81% in that time. That'd be enough to make even the strongest stomachs churn. Because Blend Labs hasn't been listed for many years, the market is still learning about how the business performs.