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 story : F45 Training stock opens 6.3% above IPO price, valuing company at more than .5 billion #FinanceUSA #StockMarketNEWS F45 Training Holdings Inc. received a relatively warm reception on Wall Street

@stockMarketNEWS 13 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

F45 Training stock opens 6.3% above IPO price, valuing company at more than .5 billion #FinanceUSA #StockMarketNEWS
F45 Training Holdings Inc. received a relatively warm reception on Wall Street Thursday, as shares of the Mark Wahlberg-backed fitness franchisor opened 6.3% above the initial public offering price. The Texas-based company raised 0.0 million, as it sold 18.75 million shares in the IPO, which priced at a share, in the middle of the expected range. Selling shareholders raised .0 million in the IPO. The stock's first trade was at .00 at 11:39 a.m. Eastern for 1.6 million shares. With 90.25 million shares outstanding after the IPO, the first trading price valued F45 at .53 billion. The stock has edged higher since the open, to trade recently up 7.4% at .19. The company went public on a day that the Renaissance IPO ETF slipped 0.2% and the S&P 500 eased 0.2%.


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