Digital security company Elm, owned by Saudi Arabia’s sovereign wealth fund, rises 30% in its Riyadh trading debut to $44.30 after raising $820M in its IPO (Farah Elbahrawy/Bloomberg)

Farah Elbahrawy / Bloomberg:
Digital security company Elm, owned by Saudi Arabia’s sovereign wealth fund, rises 30% in its Riyadh trading debut to $44.30 after raising $820M in its IPO  —  Elm Co., a digital security firm owned by Saudi Arabia’s sovereign wealth fund, surged 30% in its trading debut.