OneStream IPO Shares Indicating $31.95/Share; IPO Priced At $20/Share On 24.5M Shares
Portfolio Pulse from Benzinga Newsdesk
OneStream's IPO shares are indicating a price of $31.95 per share, significantly higher than the IPO price of $20 per share for 24.5 million shares.
July 24, 2024 | 2:28 pm
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POSITIVE IMPACT
OneStream's IPO shares are trading at $31.95, significantly higher than the IPO price of $20 per share for 24.5 million shares. This indicates strong investor demand and positive market sentiment.
The significant difference between the IPO price and the current trading price suggests strong investor demand and positive market sentiment, likely leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100