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Hipchat-Maker Atlassian Begins Trading Up 32% at $27.67, Valued At $5.8 Billion

After pricing its IPO at $21, above the expected range of $19 to $20, Atlassian began trading up 32% at $27.67 in its debut on the Nasdaq today. This gives the company a valuation of $5.8 billion.

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