Fitell Corp Shares Open For Trade At $4.98/Share; IPO Prcied At $5/Share
Portfolio Pulse from Happy Mohamed
Fitell Corp's shares have started trading at $4.98 per share, slightly below the IPO price of $5 per share.
August 08, 2023 | 2:46 pm
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Fitell Corp's shares opened for trading at $4.98, which is slightly below the IPO price of $5.
Fitell Corp's shares opened for trading at a price lower than the IPO price. This could indicate a lack of investor confidence in the company, which may negatively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100