What happened to freshwork's stock?

The company got listed on Nasdaq last year through an IPO, offering 28.5 million shares in common stock to the investing public at a price of $36 a share. On listing day, Freshwork’s stock closed at $47.55 apiece. Since then the stock price has fallen by as much as 70 per cent to $14.63 as of now.

Where is FreshWorks based?

Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California. MarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market.

How much money does FreshWorks make a year?

Freshworks (NASDAQ:FRSH) has a market capitalization of $6.35 billion and generates $498 million in revenue each year. The company earns $-232,130,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis. How many employees does Freshworks have? The company employs 5,400 workers across the globe.

Is FreshWorks a good SaaS company?

Shares of Freshworks had opened at $43.50 vis-a-vis its IPO price of $36, indicating strong investor sentiment for SaaS firms. Indian SaaS major Freshworks, now headquartered in California, debuted on NASDAQ in September 2021 to much fanfare. It was valued at over $12 billion after shares opened 21 per cent above the IPO price.