Hinge Health Jumps 25% After Top-Priced $437 Million IPO
By and Anthony Hughes
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Hinge Health Inc. shares rose 25% after the digital physical therapy provider and a group of investors raised $437 million in an initial public offering priced at the top of a marketed range.
Shares in the San Francisco-based company increased to $40 each as of 1:03 p.m. on Thursday in New York, versus the IPO price of $32 apiece.
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