Cue Health climbs in Nasdaq debut

Cue Health

24/09/2021 16:58

** Shares of health-tech  HLTH.O  open nearly 5% above IPO
price
    ** Stock opens at $16.76/shr, up from the IPO price of
$16/shr
    ** At debut, HLTH valued at $2.4 bln 
    ** Late on Thursday, co raised $200 mln in IPO, selling
shares at the midpoint of the $15-$17 range announced earlier
    ** San Diego, California-based HLTH allows rapid testing
that lets users diagnose themselves
    ** Goldman Sachs & Co, Morgan Stanley and Cowen and Company
are lead underwriters for the offering
 

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))