TWFG IPO Shares Open For Trade At $22/Share; IPO Priced At $17/Share
Portfolio Pulse from Benzinga Newsdesk
TWFG's IPO shares opened for trade at $22 per share, significantly higher than the IPO price of $17 per share.
July 18, 2024 | 4:09 pm
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POSITIVE IMPACT
TWFG's IPO shares opened at $22, which is $5 higher than the IPO price of $17, indicating strong initial demand.
The significant difference between the opening price and the IPO price suggests strong investor interest and demand for TWFG shares, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100