Space Firm Voyager Technologies Jumps 82% After Upsized IPO

Why Voyager Shares Are Jumping After Upsized IPO

Voyager Technologies Inc. shares ended their debut trading day up 82% after the company raised $383 million in an upsized US initial public offering.

The Denver-based defense contractor’s stock closed at $56.48 each on Wednesday, versus the IPO price of $31 apiece. The company sold more than 12.3 million shares, after having marketed 11 million shares for $26 to $29.