Marwynn Holdings (MWYN) stock rose 11% in recent Thursday trading in the debut on Nasdaq after the company's initial public offering of 2 million shares at $4 apiece.
The stock opened at $4.60 and rose as high as $4.86.
The IPO is expected to close on Friday.
Underwriters were granted a 45-day option to purchase up to 300,000 additional shares at the IPO price.
Price: 4.45, Change: +0.45, Percent Change: +11.14
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.