The IPO Buzz: GigaCloud Technology Takes Flight in its NASDAQ Debut
GigaCloud Technology (GCT) shares soared 73.22 percent in their NASDAQ debut today - touching an intraday high of $21.22, up $8.97 from their $12.25 IPO price. The flight took off at the opening trade. GigaCloud Technology shares opened at $19.20 on Thursday (Aug. 18, 2022). At the first tick, the stock was up $6.95 or 56.73 percent from its IPO price. GigaCloud Technology, a global B2B ecommerc..
Read more August 18, 2022IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| PaxMedica, Inc. | PXMD | 1.6 | $ 8.5 mil | 8/19/2022 Friday | S/O | S/O |
| Mobilicom Limited | MOB | 1.6 | $ 11.8 mil | 8/24/2022 Wednesday | S/O | S/O |
| Starbox Group Holdings Ltd. | STBX | 5.0 | $ 22.5 mil | 8/24/2022 Wednesday | S/O | S/O |
Last 100 IPOs - August 18, 2022
| Number of IPOs priced : | 100 |
| Number Up: | 25 |
| Number Down: | 74 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | -10.49% |
| Percentage Change for The Nasdaq Composite | -18.83% |
2022 IPO Scorecard - August 18, 2022
| Number of IPOs priced (Excluding 95 units) : | 62 |
| Number Up: | 20 |
| Number Down: | 42 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 38.20% |
| The Nasdaq Composite Index YTD % Change | -17.30% |