Powell Max IPO Shares Open For Trade At $4.30/Share; IPO Priced At $4/Share On 1.43M Shares
Portfolio Pulse from Benzinga Newsdesk
Powell Max's IPO shares opened for trading at $4.30 per share, slightly above the IPO price of $4 per share. The company issued 1.43 million shares.
September 05, 2024 | 3:11 pm
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Powell Max's IPO shares opened at $4.30, above the IPO price of $4, indicating initial positive market reception. The company issued 1.43 million shares.
The opening price of $4.30, above the IPO price of $4, suggests a positive initial market reaction. This could lead to short-term upward momentum in PMAX's stock price as investors show interest.
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