Aquantia closes at $9.54 after first day of trading, 6% above IPO price

Networking chip design company Aquantia went public on Friday and raised $61 million in its initial public offering. The stock is trading up for the San Jose, California-based maker of network interface cards (NICs) that can transfer data on home and enterprise networks at multiple gigabits per second. The company looks to remove bottlenecks for hyperscale data […]