Hinge Health Rises on NYSE Debut After Pricing IPO at Top of Range

About Hinge Health Rises on NYSE Debut After Pricing IPO at Top of Range

In its debut on the New York Stock Exchange, Hinge Health saw its shares rise, opening at $39.25 after setting its initial public offering at the upper range of $32 per share. The health tech company sold 8.52 million shares, a portion of which was offered by investors such as Insight Partners and Atomico. This IPO marks another significant offering similar to MNTN, which surged 50% on its debut day, and moves by eToro Group and Aspen Insurance, both of which expanded their IPOs this month. Blank-check companies also had larger offerings.