Bullish Soars in NYSE Debut, Grocery Stocks Fall, CoreWeave Tumbles, Cisco Falls
On this edition of Stock Movers:- Bullish (BLSH) shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. Shares of the Cayman Islands-based company closed at $68 each on Wednesday in New York, nearly doubling its IPO price of $37 apiece. The offering was upsized earlier in the week to 30 million shares, and the price range was increased. The trading gives Bullish a market value of $9.9 billion based on the outstanding shares listed in its filing. The IPO ended more than 20 times…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.