Surveillance Firm Hawkeye 360 Jumps 30% After $416 Million IPO
HawkEye 360 signage during the company’s IPO at the New York Stock Exchange on May 7.
Photographer: Michael Nagle/BloombergHawkeye 360 Inc. soared 30% after the provider of satellite-based signals intelligence for US government agencies raised $416 million in a US initial public offering priced at the top of a marketed range.
Shares of the Herndon, Virginia-based company opened at $33.80 each on Thursday in New York, versus its IPO price of $26 apiece. The offering of 16 million shares was marketed in a range of $24 to $26 each.