Via Renewables, Inc. is preparing to make its debut on the New York Stock Exchange (NYSE) with an initial public offering (IPO). The company plans to offer around 10.7 million shares, priced between $40.00 and $44.00. This move comes as IPO activity is seeing a resurgence, with companies like Via Transportation, Inc. also entering the public market.
Via Transportation, a leader in transit technology, recently raised about $493 million through its IPO, as highlighted by Business Wire. The company offered 10.7 million shares at $46 each, with 7.1 million shares from Via and 3.6 million from existing investors. This successful offering reflects the growing interest in IPOs this September.
Currently, Via Transportation's stock, trading under the symbol NASDAQ:VIA, is priced at $10.995. The stock has seen a slight increase of 0.0455%, with a trading range between $10.99 and $11 today. Over the past year, VIA's stock has fluctuated between a high of $11.01 and a low of $5.215.
VIA's market capitalization is approximately $79.5 million, indicating the company's size and value in the market. With a trading volume of 37,531 shares, the stock shows moderate activity. This data provides insight into the company's current market performance and investor interest.
