Reported 1 day ago
Heartflow, Inc. (NASDAQ:HTFL) experienced a remarkable 66% increase in share price during its IPO, driven by robust investor interest amidst favorable market conditions. On its first trading day, HTFL opened at $28, peaked at $31.5, and closed at $28.75, which reflects a 51.32% gain. The company raised $316.7 million by offering 16.67 million shares priced at $19 each, giving it a valuation of approximately $2.33 billion. Heartflow, a medical technology entity backed by Bain Capital, aims to enhance coronary care by making coronary artery disease manageable.
Source: YAHOO