Omada Health shares jumped after the company made its public-market debut, propelled by Americans’ renewed focus on how weight affects physical health. Shares of the virtual healthcare platform climbed 35% to $25 on Friday, at one point hitting a high of $28, above the initial offering price of $19. The price gives it a market valuation of around $1.4 billion.
Read the full article: Omada Health Shares Soar After IPO as GLP-1 Drugs Fuel Interest //
Source: https://www.wsj.com/health/pharma/omada-health-ipo-to-price-at-19-a-share-as-glp-1s-fuel-interest-becac4b7