Solar tech company Nextracker expected to price at upper end of range in good sign for IPO market
Publishing timestamp: 2023-02-08 17:10:58
Summary
Nextracker, a solar technology company, is expected to price its initial public offering at the high end of its stated $20 to $23 per share range. This is a good sign for the moribund IPO market and is set to be the biggest U.S. IPO since October when Mobileye raised $990 million. Nextracker is set to begin trading on the Nasdaq exchange Thursday morning.
Sentiment: POSITIVE
Tickers: JPM, MBLY, FLEX, NDAQ,
Keywords: breaking news: investing, breakingnewsglobal, nasdaq inc, mobileye global inc, flextronics international ltd, business news, investment strategy, banks, breaking news: markets, jpmorgan chase & co,