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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 -1.94% 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 +3.05% , Sovos Brands Inc. /zigman2/quotes/229497596/composite SOVO +1.49% , and EngageSmart Inc. /zigman2/quotes/229492983/composite ESMT +1.29% that began trading on Thursday. There were 14 IPO deals planned for this week. The Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO +1.28% has gained 8.2% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.30% is up 18.6% for the period.

/zigman2/quotes/229492982/composite
US : U.S.: Nasdaq
$ 12.63
-0.25 -1.94%
Volume: 141,163
Oct. 21, 2021 4:00p
P/E Ratio
3.75
Dividend Yield
N/A
Market Cap
$1.20 billion
Rev. per Employee
N/A
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/zigman2/quotes/229492987/composite
US : U.S.: Nasdaq
$ 35.50
+1.05 +3.05%
Volume: 706,295
Oct. 21, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.60 billion
Rev. per Employee
$197,658
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/zigman2/quotes/229497596/composite
US : U.S.: Nasdaq
$ 14.99
+0.22 +1.49%
Volume: 236,770
Oct. 21, 2021 4:00p
P/E Ratio
124.71
Dividend Yield
N/A
Market Cap
$1.49 billion
Rev. per Employee
N/A
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/zigman2/quotes/229492983/composite
US : U.S.: NYSE
$ 34.43
+0.44 +1.29%
Volume: 301,395
Oct. 21, 2021 4:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.47 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 69.42
+0.88 +1.28%
Volume: 59,175
Oct. 21, 2021 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,549.78
+13.59 +0.30%
Volume: 1.90B
Oct. 21, 2021 5:03p
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