IPO, Hinge Health
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Stock futures traded slightly lower Friday and the S&P 500, down for three straight sessions, limped into the Memorial Day weekend.These stocks were poised to make moves Friday:Tesla rose 1.2% in premarket trading.
Shares of Hinge Health (NYSE:HNGE) made a strong public debut. Not only did the shares price at the high end of the preliminary offering range, shares rose nearly 20% coming out of the gates, as investors like this use of technology in healthcare.
Hinge Health today announced the pricing of its initial public offering of an aggregate 13,666,000 shares of its Class A common stock, 8,522,528 of which
Deckers Outdoor (DECK) gave a lower-than-expected outlook for the current quarter, sending shares lower 13%. Ross Stores (ROSS) shares fell 11% afterhours following the
As Hinge Health goes public, CEO Dan Perez tells STAT the goal is to automate physical therapy in any way it can.
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Shares of Hinge Health rose 22.7% above the initial public offering price in their NYSE debut on Thursday, giving the digital health platform backed by Insight Partners a valuation of $3.65 billion on a fully diluted basis.
Initial public offerings from Hinge Health Inc. and MNTN Inc. both priced at the top of their estimated ranges in a bullish sign for the two deals, as the market for initial public offerings continues to gear up after an absence of deals in recent weeks.
The World Health Organization adopted a pandemic preparedness treaty, but the absence of the U.S. questions its efficacy. Texas reports a rise in measles cases, and digital health startup Hinge Health raises $437.