BLZE - Backblaze fires up another winning session taking cloud stock up some 100% since Thursday

Backblaze (NASDAQ:BLZE) fired up investors for the fourth straight session on Tuesday, with the cloud-storage firm’s stock rising 23.5% on the day and closing almost 100% above a $16 IPO price set just last Thursday. BLZE ended the day at a session high $31.50 and kept rising after hours, changing hands at $33.50 shortly before 6 p.m. ET. That’s up 6.4% in after-hours trading and 109.3% from the stock’s initial public offering price. Backblaze (BLZE) has risen in all four of its trading sessions since going public last week. The stock has been on fire on no apparent news other than enthusiasm for its IPO. BLZE offers consumers and businesses subscriptions for cloud-based computer storage and backup. The company sold 6.3M Class A shares last week at the midpoint of its IPO’s expected $15-$17/share range. However, sparks flew for the stock from its first trading day last Thursday. BLZE saw

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Backblaze fires up another winning session, taking cloud stock up some 100% since Thursday