Public Venture Fund Sees Shares Surge in Opening Day - Market Talk -- Market Talk
Dow Jones03-20 05:17
1717 ET - A public venture fund, whose top holdings include Anthropic, Databricks and OpenAI, saw shares surge on its first day of trading. Fundrise Innovation Fund listed its shares under the ticker VCX on the New York Stock Exchange on Thursday. The company's shares opened at $31.25, reached an intraday high of $128, and closed at $76.16 a share. The trading price compares to a Net Asset Value of the fund of $18.97 per share. "It seems the market was excited about VCX and our mission to democratize access to the best private tech companies," said Benjamin Miller, chief executive of Fundrise. (yuliya.chernova@wsj.com; @ychernova)
(END) Dow Jones Newswires
March 19, 2026 17:17 ET (21:17 GMT)
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