IPO Daily

The three major US stock indexes have diverged. As of the close of the previous trading day, the S&P 500 Index and the Nasdaq Composite Index closed up 0.42% and 0.81%, respectively, and the Dow Jones Industrial Index closed down 0.09%.

Yesterday, there were 1 IPO submission form and 4 IPOs were listed for trading. NerdWallet, a credit card and mortgage financial services company, went public yesterday, with an increase of 57.22% on the first day. A circuit breaker was triggered during the period. As of the close, the market value reached US$1.832 billion.