Shares in the Waterloo-based company, which sells software that helps companies and law-enforcement agencies fight cybercrime, traded as high as $23 on Wednesday. (The Logic)

Talking point: Magnet Forensics’ strong first-day performance comes after the company revised its offering price upward to $17 per share yesterday from between $14 and $16, and boosted the IPO size from $90 million to more than $100 million. It’s a bright point in a mixed market for Canadian tech IPOs this year. Some companies, such as MDA and ABC Technologies, have cut their offering sizes and share prices. But there have also been recent successes, including Vancouver-based edtech company Thinkific, whose shares closed around 15 per cent higher after its first day of trading on Tuesday.