Deals
Amtd Scores Year’s Biggest Debut Bump for US IPO of Its Size
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Amtd Digital Inc. rose 108% after its US initial public offering, the biggest first-day jump for a listing of its size.
American depositary shares of Amtd Digital closed Friday at $16.21 after selling for $7.80 in the IPO. The company, which had marketed the shares for $6.80 to $8.20, sold 16 million shares to raise almost $125 million.