Pulmonx: More than doubles in Nasdaq debut

Pulmonx

01/10/2020 16:42

** Shares of medical device maker  LUNG.O  blow past their
IPO price in Nasdaq debut
    ** Stock opened at $40/shr, compared to IPO price of $19/shr
    ** LUNG raised $190 mln in its IPO, selling 10 mln shares at
$19 apiece  urn:newsml:reuters.com:*:nGNXcWXGD
    ** Co had earlier aimed to sell 10 mln shares at range of
$17-$18 per share (https://bit.ly/3jjZ4Eh)
    ** BofA Securities and Morgan Stanley are lead underwriters
for IPO

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