Hinge Health Stock Closes First Trading Day Above IPO Price

Reported about 19 hours ago

Hinge Health's stock debuted on the New York Stock Exchange on Thursday, finishing its first day of trading at $37.56, above the IPO price of $32, despite opening at $39.25. The company sold 8.52 million shares, raising approximately $273 million, and reported a significant year-over-year revenue increase of 50% for the first quarter.

Source: YAHOO

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