Reported about 21 hours ago
Miami International Holdings Inc. (MIAX) experienced a 34% rise in its stock price after successfully launching its initial public offering (IPO) at $23 per share, closing at $30.74. The IPO raised $345 million in a heavily oversubscribed offering, giving MIAX a market value of $2.4 billion. As an operator of nine securities and derivatives exchanges, MIAX capitalizes on the booming options trading market, driven by increased retail participation since the pandemic.
Source: YAHOO