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Lineage Shares Jump on Nasdaq Debut
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Lineage Shares Jump on Nasdaq Debut
Jul 25, 2024 10:39 AM

01:28 PM EDT, 07/25/2024 (MT Newswires) -- Lineage (LINE) shares were up nearly 4% on its Nasdaq debut Thursday to $80.81 in recent trading after opening at $82.20.

The company priced its initial public offering of about 56.9 million shares Wednesday at $78 each.

The company granted underwriters a 30-day option to purchase up to an additional 8.5 million shares. It expects to close the offering on Friday.

Price: 80.81, Change: +2.81, Percent Change: +3.60

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