Arlo, Netgear's connected home security camera spinoff, closes up 38% on its first day of trading after raising $163M in its IPO at about $1.16B valuation (Alex Wilhelm/Crunchbase News)

Alex Wilhelm / Crunchbase News:
Arlo, Netgear's connected home security camera spinoff, closes up 38% on its first day of trading after raising $163M in its IPO at about $1.16B valuation  —  Morning Report: Another day, another IPO.  Today Arlo started its first day of trading over 16 percent.

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