Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap (Subrat Patnaik/Bloomberg)

Subrat Patnaik / Bloomberg:
Corporate travel and expense management software maker Navan's shares fell 20% to $20, valuing it at $5B, after raising $923.1M in its IPO at a $6.2B market cap  —  Navan Inc. shares slumped 20% after the business travel and expense management software maker and some of its shareholders raised $923.1 million …

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