GEN Restaurant Group IPO Indicating $15 On 32K Shares; IPO Priced At $12/Share
Portfolio Pulse from Happy Mohamed
GEN Restaurant Group's initial public offering (IPO) is indicating a price of $15 per share on 32K shares, which is higher than its IPO price of $12 per share.
June 28, 2023 | 3:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
GEN Restaurant Group's IPO is indicating a higher price than its initial pricing, which could lead to a positive market reception.
The news indicates that the market is willing to pay more for GEN Restaurant Group's shares than the initial IPO price. This could lead to a positive market reception and potentially a higher stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100