Reitar Logtech Shares Open For Trade At $4.71/Share; IPO Priced At $4/Share On 2.125M Shares
Portfolio Pulse from Benzinga Newsdesk
Reitar Logtech's shares began trading at $4.71 per share after their IPO was priced at $4 per share for 2.125 million shares.
August 23, 2024 | 4:00 pm
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POSITIVE IMPACT
Reitar Logtech's IPO was priced at $4 per share, and the shares opened for trading at $4.71, indicating a positive market reception.
The IPO was priced at $4, but the shares opened at $4.71, suggesting strong demand and positive sentiment from investors. This could lead to a short-term increase in stock price as the market reacts to the successful IPO.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100