Technology

Navan IPO tumbles 20% after historic debut under SEC shutdown workaround

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Oct 31, 2025 - 03:00
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Navan IPO tumbles 20% after historic debut under SEC shutdown workaround
Navan finished its first day trading at an approximate valuation of $4.7 billion, which is about half of its last private valuation of $9.2 billion.
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