Bulletin
Investor Alert

Market Pulse Archives

Nov. 14, 2018, 11:08 a.m. EST

Vapotherm shares soar 8.5% in trading debut

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Vapotherm Inc. (VAPO)

or Cancel Already have a watchlist? Log In

By Ciara Linnane

VAPO

Shares of medical technology company Vapotherm Inc. /zigman2/quotes/206318264/composite VAPO -6.23% surged 8.5% in their trading debut Wednesday, after pricing at the low end of their range. The company, which specializes in treatments for respiratory illnesses, sold 4 million shares priced at $14 each to raise $56 million. The stock started trading on the New York Stock Exchange Wednesday, under the ticker symbol "VAPO". BofA Merrill Lynch and William Blair were bookrunners on the deal with Canaccord and BTIG acting as co-managers. Proceeds of the deal will be used to fund marketing, research and development and for the catchall general corporate purposes.

/zigman2/quotes/206318264/composite
US : U.S.: NYSE
$ 30.53
-2.03 -6.23%
Volume: 1.55M
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$780.66 million
Rev. per Employee
$152,435
loading...

Get news alerts on Vapotherm Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.