01:08 PM EDT, 09/16/2024 (MT Newswires) -- Healthy Choice Wellness ( HCWC ) shares fell more than 41% in recent Monday trading after the company made its debut on the New York Stock Exchange.

The stock was trading at $5.88 in recent trading after opening at $8.5, below the IPO price of $10.

The company said earlier in the day it priced its IPO of 400,000 class A common shares, for gross proceeds of approximately $4 million.

The offering is set to close on Tuesday, the company added.

Price: 5.86, Change: -4.14, Percent Change: -41.40