Eastern International Shares Fall in Nasdaq Debut-March 2024-www.financetom.com

Eastern International Shares Fall in Nasdaq Debut

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Eastern International Shares Fall in Nasdaq Debut

Aug 28, 2025 9:12 AM

11:54 AM EDT, 08/28/2025 (MT Newswires) -- Eastern International (ELOG) stock was down 18% in recent trading Thursday, after its Nasdaq debut.

The company priced its initial public offering of 1.6 million shares at $4 per share to raise about $6.4 million in gross proceeds.

According to Yahoo Finance, Eastern International stock opened at $3.40, lower than its IPO price.

Eastern International expects to close its IPO on Friday.

Price: 3.28, Change: -0.72, Percent Change: -18.00

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