Hinge Health prices IPO at $32, top end of expected range
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Shares in the digital therapeutics (DTx) developer closed up more than 17% after its debut on the NYSE at $32 under the HNGE ticker, and continued to climb in after-hours trading to almost $38. With IPOs in digital health drying up in the last year or two, getting this one over the line is being seen as a major inflexion point for the sector.
Hinge Health shares jump 17% in stock market debut, setting the stage for digital health IPO revival
Shares of Hinge Health jumped 22% above the initial public offering price in the company's New York Stock Exchange debut on Thursday, bringing its market capitalization to more than $3 billion. | Shares of Hinge Health jumped 22% above the initial public offering price in the company's NYSE debut on Thursday,
Hinge Health today announced the pricing of its initial public offering of an aggregate 13,666,000 shares of its Class A common stock, 8,522,528 of which
As Hinge Health goes public, CEO Dan Perez tells STAT the goal is to automate physical therapy in any way it can.
Deckers Outdoor (DECK) gave a lower-than-expected outlook for the current quarter, sending shares lower 13%. Ross Stores (ROSS) shares fell 11% afterhours following the
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Initial public offerings from Hinge Health Inc. and MNTN Inc. both priced at the top of their estimated ranges in a bullish sign for the two deals, as the market for initial public offerings continues to gear up after an absence of deals in recent weeks.
The World Health Organization adopted a pandemic preparedness treaty, but the absence of the U.S. questions its efficacy. Texas reports a rise in measles cases, and digital health startup Hinge Health raises $437.