|Bid||15.51 x 800|
|Ask||18.00 x 3000|
|Day's Range||16.76 - 18.33|
|52 Week Range||10.85 - 19.13|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.67|
Biodesix, Inc. (Nasdaq: BDSX) ("Biodesix") today announced the closing of its initial public offering of 4,000,000 shares of its common stock at a public offering price of $18.00 per share. The gross proceeds to Biodesix, before deducting underwriting discounts and commissions, were approximately $72.0 million. The shares began trading on The Nasdaq Global Market on October 28, 2020, under the symbol "BDSX."
With all eyes on the (ROOT) IPO, another insurance technology company posted a strong first day. “I’m thrilled with the IPO and what it means for our team members,” MediaAlpha CEO Steve Yi said in an interview. JPMorgan Chase, (C)(CSGN) and RBC Capital Markets were underwriters on the deal.
Root Insurance is using a mobile app, along with telematics and data science, as it aims to disrupt the lucrative auto-insurance sector.