Shares of Pacs Group rose almost 10% in their trading debut following an upsized initial public offering. Meanwhile, the upcoming week will be a big one for recent high-profile dealmakers, Reddit and Astera Labs.
Shares of Stoke Therapeutics, Inc. (NASDAQ: STOK) rose sharply in today’s pre-market trading after the company announced Phase 1/2a data supporting the potential for STK-001
Shares of Reddit jumped almost 50% over their initial public offering price, with the social media company raising about $748 million as the IPO market seems to be finally reopening. Reddit's IPO is the fourth largest so far this year.
Shares of FactSet Research Systems Inc. (NYSE: FDS) fell sharply during Thursday’s session after the company reported worse-than-expected second-quarter revenue and issued FY24 guidance.
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.52% to 39,718.37 while the NASDAQ rose 0.84% to 16,506.28. The S&P 500 also rose, gaining, 0.53% to 5,252.23.
