Reported about 21 hours ago
Airo Group Holdings Inc. experienced a remarkable 140% rise in its share price during its public debut after raising $60 million in its initial public offering. The stock's volatility led to a peak increase of 291% before stabilizing at $24 per share. The aerospace and defense company, which focuses primarily on drone production, has quickly gained significant market value and aims to begin manufacturing military drones in the U.S. to support government contracts.
Source: YAHOO