Hinge Health Jumps 17% After Top-Priced $437 Million IPO

Hinge Health Inc. shares rose 17% 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 closed at $37.56 each on Thursday in New York, versus the IPO price of $32 apiece.