on the New York Stock Exchange. The IPO initially was successful, with Cvent's per-share price opening at $38, well above Cvent's initial pricing of $21, which earned the company about $117.6 million. At midday, the stock was trading at about $34 per share. "Moving forward, whether it's organic growth or acquisition growth, we'll always assess every opportunity and make a smart decision," Cvent co-founder and executive vice president of sales and marketing Chuck Ghoorah on Friday told
BTN. Cvent last month
reported $24 million in first-quarter revenue and $84 million in full-year 2012 revenue.