IPO Summary: Kestra Medical Pops on Debut, Sells Down on Day Two
Kestra Medical Technologies (KMTS US) didn’t need a strong market backdrop in order to have a successful debut. Kestra Medical Technologies priced 11.9mm shares (upsized from 10.0mm) at $17.00 ($1 Above the $14-$16 range) and opened at $22.95 for a gain of 35%. The stock’s opening print ended up being the high on day one. Kestra Medical closed its opening session[…]
