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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 +0.37% 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 -2.35% , Sovos Brands Inc. /zigman2/quotes/229497596/composite SOVO +0.78% , and EngageSmart Inc. /zigman2/quotes/229492983/composite ESMT -2.03% that began trading on Thursday. There were 14 IPO deals planned for this week. The Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO -0.98% has gained 8.2% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.93% is up 18.6% for the period.

/zigman2/quotes/229492982/composite
US : U.S.: Nasdaq
$ 5.43
+0.02 +0.37%
Volume: 40,341
Feb. 8, 2023 2:22p
P/E Ratio
180.60
Dividend Yield
N/A
Market Cap
$516.47 million
Rev. per Employee
$1.05M
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/zigman2/quotes/229492987/composite
US : U.S.: Nasdaq
$ 12.44
-0.30 -2.35%
Volume: 168,752
Feb. 8, 2023 2:29p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.17 billion
Rev. per Employee
$332,102
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/zigman2/quotes/229497596/composite
US : U.S.: Nasdaq
$ 14.23
+0.11 +0.78%
Volume: 452,519
Feb. 8, 2023 2:29p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.43 billion
Rev. per Employee
$1.32M
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/zigman2/quotes/229492983/composite
US : U.S.: NYSE
$ 19.52
-0.40 -2.03%
Volume: 312,757
Feb. 8, 2023 2:30p
P/E Ratio
224.11
Dividend Yield
N/A
Market Cap
$3.30 billion
Rev. per Employee
$356,953
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 29.40
-0.29 -0.98%
Volume: 11,890
Feb. 8, 2023 2:12p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,125.30
-38.70 -0.93%
Volume: 0.00
Feb. 8, 2023 2:30p
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