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home / news releases / IPOS - Blue Water Vaccines stock jumps 40% but still trading below IPO price

IPOS - Blue Water Vaccines stock jumps 40% but still trading below IPO price

Renaissance Capital Greenwich Fund
Blue Wave Vaccines (BWV) stock jumped 40% in midday action on Tuesday. Shares of the vaccine developer opened at $3.38 and hit a high of $4.98 in late morning trading, recently changing hands at $4.67, up 40%, at around 12:40 p.m. ET. BWV shares have been highly volatile since their market debut on Feb. 18, which saw its stock soar nearly 540%. The company offered 2.2M shares priced at $9 per share to raise around $20M. The vaccine developer’s shares plunged on April 7 amid no apparent news and have been trading significantly below their IPO price since. For more IPO news, check out SA’s IPO News page.

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Blue Water Vaccines stock jumps 40%, but still trading below IPO price
Stock Information
Company Name: Renaissance Capital Greenwich Fund
Stock Symbol: IPOS
Market: NYSE
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