#IPO WEEK RESULTS There were three IPOs this week. Let's re | WhiteRaven Capital
#IPOWEEK RESULTS
There were three IPOs this week. Let's recap the results and look at the current returns on each of them.
Flywire (#FLYW): U.S. high-tech company, creator of a transnational money-transfer system free of bank fees. Rating: 3 Sector: Technology First day of trading: +46% Current yield: +43%
Paymentus Holdings (#PAY): U.S. high-tech company, creator of cloud-based software for settlement transactions, information and financial services based on a paid subscription model (SaaS - cloud-based Software-as-a-Service). Rating: 4 Sector: Technology First day of trading: +36% Current yield: +45%
FIGS (#FIGS): A healthcare apparel company that sells directly to end users in a historically fragmented market through its digital platform. Rating: 3 Sector: Consumer First day of trading: +36% Current yield: +55%
Of the three IPOs held this week, all three are showing positive results.