The IPO Buzz: Turbo Energy’s Stock Gains 37.8 Percent in NASDAQ Debut
Shares of Spain's Turbo Energy SA (TURB) shot up $1.89 - up 37.8 percent from their $5.00 IPO price - to open at $6.89 at 10 a.m. EDT today (Friday, Sept. 22, 2023) on the NASDAQ. Volume was just shy of 101,000 shares. The stock hit an intraday high at $7.90 this morning and then retraced its gains to trade at $5.26 - up just 26 cents from its IPO price - in mid-afternoon trading. Turbo Energy..
Read more September 22, 2023IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Lead Real Estate Co., Ltd. | LRE | 1.1 | $ 9.1 mil | 9/27/2023 Wednesday | S/O | S/O |
| Northann Corp. | NCL | 3.0 | $ 12.0 mil | 9/27/2023 Wednesday | S/O | S/O |
| VS Media Holdings Ltd. | VSME | 2.0 | $ 10.0 mil | 9/27/2023 Wednesday | S/O | S/O |
Last 100 IPOs - September 22, 2023
| Number of IPOs priced : | 100 |
| Number Up: | 30 |
| Number Down: | 69 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | -6.79% |
| Percentage Change for The Nasdaq Composite | 18.98% |
2023 IPO Scorecard - September 22, 2023
| Number of IPOs priced (Excluding 27 units) : | 94 |
| Number Up: | 29 |
| Number Down: | 64 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | -6.58% |
| The Nasdaq Composite Index YTD % Change | 26.35% |