TeamViewer core profits rise 95% in first results since IPO

(Reuters) - German software company TeamViewer , which floated recently in Europe's biggest initial public offering of 2019, on Monday reported a near-doubling in core profits and an expansion of margins, lifting its shares.The Sept. 25 listing, which valued TeamViewer at 5.25 billion euros ($5.8 billion), added a rare technology growth stock to a Frankfurt market that is heavy with industrial and auto stocks.Shares, which had traded below the IPO price of 26.25 euros despite a slew of 'buy'..