Silvaco Group IPO Price Indicating $21/Share On 404,050 Shares; IPO Priced At $19/Share On 6M Shares
Portfolio Pulse from Benzinga Newsdesk
Silvaco Group's IPO was priced at $19 per share, with an offering of 6 million shares. However, the price indication has risen to $21 per share on 404,050 shares.
May 09, 2024 | 3:05 pm
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Silvaco Group's IPO was initially priced at $19 per share for 6 million shares but has seen a price indication increase to $21 per share for 404,050 shares.
The increase in the price indication from $19 to $21 per share for Silvaco Group suggests a positive market reception and higher demand for its shares than initially anticipated. This could lead to a short-term increase in the stock price as the market adjusts to the new price level.
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IMPORTANCE 90
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