XCHG IPO Opens For Trade At $7.25/Share; IPO Priced At $6.20/Share On 3.33M Shares
Portfolio Pulse from Benzinga Newsdesk
XCHG's IPO opened for trading at $7.25 per share, above its initial pricing of $6.20 per share for 3.33 million shares.
September 10, 2024 | 2:21 pm
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POSITIVE IMPACT
XCHG's IPO opened at $7.25, higher than the initial price of $6.20, indicating strong demand and positive market sentiment.
The opening price of $7.25, above the initial $6.20, suggests strong investor interest and potential upward momentum in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100