The IPO Buzz: Tungray Technologies (TRSG) Scores a Moonshot
Tungray Technologies (TRSG) doubled its $4.00 IPO price – and kept on climbing – to score a moonshot today (Friday, April 19, 2024) during its first day of trading on the NASDAQ. Shares of Tungray traded at $9.51 at 11:23 a.m. EDT on the NASDAQ on volume of 905,671 shares. Tungray opened today at $6.58 – up $2.58 from its IPO price – at 10:20 a.m. EDT on volume of about 34,500 shares. T..
Read more April 19, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Tungray Technologies Inc. | TRSG | 1.3 | $ 5.0 mil | 4/19/2024 Priced | S/O | S/O |
| FBS Global Ltd. | FBGL | 1.9 | $ 7.5 mil | 4/22/2024 Week of | S/O | S/O |
| mF International Ltd. | MFI | 1.6 | $ 7.0 mil | 4/22/2024 Monday | S/O | S/O |
Last 100 IPOs - April 18, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 29 |
| Number Down: | 71 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | 0.24% |
| Percentage Change for The Nasdaq Composite | 9.32% |
2024 IPO Scorecard - April 18, 2024
| Number of IPOs priced (Excluding 6 units) : | 52 |
| Number Up: | 18 |
| Number Down: | 34 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 5.68% |
| The Nasdaq Composite Index YTD % Change | 4.48% |