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home / news releases / IPOS - Blue Water Vaccines stock rallies 26%

IPOS - Blue Water Vaccines stock rallies 26%

Renaissance Capital Greenwich Fund
Blue Water Vaccines (BWV) stock rallied 26% in early trading Wednesday. Shares of the vaccine developer opened at $5.22, jumping to $6.36, up 26%, at approximately 10:15 a.m. ET. The stock had a rocky ride on Tuesday, opening at $4.47 and hitting a high of $6.49 before dropping to close at $5.07, a decline of 7% from the prior session. BWV shares have been highly volatile since the company’s initial public offering on Feb. 18, which saw its stock soar nearly 540%. The biotech priced 2.2M shares at $9 per share, raising around $20M. The stock fell 33% last Wednesday following news that selling stockholders intend to offer up to 2.43M shares.

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Blue Water Vaccines stock rallies 26%
Stock Information
Company Name: Renaissance Capital Greenwich Fund
Stock Symbol: IPOS
Market: NYSE
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