Lakeside IPO Indicating $5/share On 80,325 Shares; IPO Priced At $4.50/Share On 1.5M Shares
Portfolio Pulse from Benzinga Newsdesk
Lakeside's IPO is indicating a price of $5 per share on 80,325 shares, while the IPO is priced at $4.50 per share on 1.5 million shares.
June 28, 2024 | 1:58 pm
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POSITIVE IMPACT
Lakeside's IPO is priced at $4.50 per share on 1.5 million shares, with an indication of $5 per share on 80,325 shares. This suggests strong initial demand and potential for a positive price movement.
The indication of $5 per share on a smaller subset of shares suggests strong initial demand, which could lead to a positive price movement in the short term. The pricing at $4.50 per share on a larger volume of shares also indicates a solid base for the IPO.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100