12:20 PM EDT, 08/01/2024 (MT Newswires) -- Fifth District Bancorp (FDSB) shares rose 3.5% in recent Thursday trading following the company's debut on the Nasdaq Capital Market.

The stock opened at $10.75, above the IPO price of $10.

The company said late Wednesday it had completed its IPO of 5.5 million common shares for gross proceeds of $54.6 million.

Price: 10.25, Change: +0.25, Percent Change: +2.50