|Bid||0.0000 x 499200|
|Ask||0.0000 x 497500|
|Day's Range||3.5620 - 3.5780|
|52 Week Range||2.8180 - 3.9740|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||27.40|
|Forward Dividend & Yield||0.17 (4.71%)|
|Ex-Dividend Date||Oct 22, 2020|
|1y Target Est||N/A|
Olema Pharmaceuticals, NeoGames, Yatsen Holding and Telos made their market debuts Thursday. The traditional IPOs are the first to trade since Nov. 3.
Shares of (TLS) one of the first companies to tap the public equity markets since the election, surged in their first day of trading. Telos (ticker: TLS) is one of four companies to make their market debut on Thursday: Olema Pharmaceuticals (OLMA), (NGMS) (NGMS), and Yatsen Holding (YSG) also began trading. The group is the first to go public via traditional initial public offerings since the Nov. 3 presidential election.
Shares of Telos Corp. soared out of the gate Thursday, as the security software company's stock traded as much as 30.6% above where its initial public offering priced, before paring gains in midday trading. The stock's first trade at $21.90 at 11:14 a.m. for 1.0 million share, which was 28.8% above the $17 IPO price. The stock then rose to an intraday high of $22.20, before pulling back to be up 16.9% in recent trading. The intraday low was $19.50. The stock's first-day rally comes as the Renaissance IPO ETF climbed 2.0% and the S&P 500 slipped 0.1%.