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Sept. 23, 2021, 12:47 p.m. EDT

Brilliant Earth skyrockets 27% in trading debut

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By Tonya Garcia

Jewelry seller Brilliant Earth Group Inc. /zigman2/quotes/229492982/composite BRLT -11.40% made its trading debut on Thursday, skyrocketing 27.3% out of the gate. The company halved its IPO offering to 8.33 million shares in the IPO, and priced at $12, below the expected range of between $14 and $16 per share. Brilliant Earth is trading on the Nasdaq under the ticker "BRLT." It joins a number of companies, including Remitly Global Inc. /zigman2/quotes/229492987/composite RELY -9.11% , Sovos Brands Inc. /zigman2/quotes/229497596/composite SOVO +1.12% , and EngageSmart Inc. /zigman2/quotes/229492983/composite ESMT -2.08% that began trading on Thursday. There were 14 IPO deals planned for this week. The Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO -4.67% has gained 8.2% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.89% is up 18.6% for the period.

/zigman2/quotes/229492982/composite
US : U.S.: Nasdaq
$ 10.65
-1.37 -11.40%
Volume: 501,174
Jan. 21, 2022 4:00p
P/E Ratio
4.20
Dividend Yield
N/A
Market Cap
$1.01 billion
Rev. per Employee
N/A
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/zigman2/quotes/229492987/composite
US : U.S.: Nasdaq
$ 13.17
-1.32 -9.11%
Volume: 883,567
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.16 billion
Rev. per Employee
$310,282
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/zigman2/quotes/229497596/composite
US : U.S.: Nasdaq
$ 13.60
+0.15 +1.12%
Volume: 253,935
Jan. 21, 2022 4:00p
P/E Ratio
190.74
Dividend Yield
N/A
Market Cap
$1.37 billion
Rev. per Employee
N/A
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/zigman2/quotes/229492983/composite
US : U.S.: NYSE
$ 19.76
-0.42 -2.08%
Volume: 689,202
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.20 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 44.67
-2.19 -4.67%
Volume: 326,133
Jan. 21, 2022 4:10p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,397.94
-84.79 -1.89%
Volume: 3.20B
Jan. 21, 2022 4:52p
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