Energys Group (ENGS) shares rose by nearly 8% by midday in their Nasdaq debut on Tuesday after the company priced about 2.3 million shares at $4.50 apiece in its initial public offering.
Energys was trading at about $4.85 per share around midday.
The IPO is expected to close on Wednesday.
Underwriters were granted a 45-day option to purchase up to 337,500 additional shares at the IPO price.
Price: 4.69, Change: +0.19, Percent Change: +4.18
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.