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 story : Procept BioRobotics stock debuts with a bang, as stock opens 40% above IPO price #FinanceUSA #StockMarketNEWS Procept BioRobotics Corp. debuted on Wall Street Wednesday with a bang, as the California-based

@stockMarketNEWS Thu 16 Sep, 2021

Posted in: #FinanceUSA #StockMarketNEWS

Procept BioRobotics stock debuts with a bang, as stock opens 40% above IPO price #FinanceUSA #StockMarketNEWS
Procept BioRobotics Corp. debuted on Wall Street Wednesday with a bang, as the California-based surgical robotics company's stock opened 40.0% above the up-sized initial public offering's price. The company had said overnight that it raised 3.9 million as it sold 6.56 million shares in the IPO, which priced at .00, compared with previous expectations of a 5.5 million-share offering at an expected price of between and a share. The stock's first trade on the Nasdaq was at .00 at 12:03 p.m. Eastern for about 671,000 shares. The stock has since added to gains, to trade up 46.5% at .62. The company went public on a very busy week for IPOs, and on a day that the Renaissance IPO ETF was little changed in midday trading, while the S&P 500 gained 0.3%.


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