Bullish stock surges 84% in first trading day
Main Idea
Bullish, a Peter Thiel-backed crypto exchange, experienced an 84% surge in its stock price on its first day of trading after raising $1.1B in an IPO with demand exceeding 20 times the offering amount.
Key Points
1. Bullish (NYSE:BLSH) is a cryptocurrency exchange backed by Peter Thiel.
2. The company's shares surged 84% on their first day of trading.
3. Bullish raised $1.1 billion in its initial public offering (IPO).
4. Demand for the IPO was more than 20 times the amount offered.
Description
More on Bullish Bullish Us Aims For IPO On Growth And Profit Swings Bullish shares open trading at $90 per share, 143% above IPO price Market Voices: Bessent on rates, Goldman Sachs vs. Trump, Bullish IPO Financial information for Bullish
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