Neuraxis Shares Now Trading, Open At $6.50/Share; IPO Priced At $6/Share; Shares Halted On Circuit Breaker To The Downside
Portfolio Pulse from Happy Mohamed
Neuraxis shares began trading and opened at $6.50 per share, higher than the IPO price of $6 per share. However, the shares were halted on a circuit breaker due to a downside movement.
August 09, 2023 | 2:49 pm
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Neuraxis's stock opened higher than its IPO price but was halted due to a downside movement, indicating potential volatility.
The stock opened higher than its IPO price, indicating initial investor interest. However, the halt due to downside movement suggests potential volatility and risk, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100