02:52 PM EDT, 05/22/2025 (MT Newswires) -- (Updates with the latest stock movement and additional details in the first two paragraphs and headline.)

Hinge Health ( HNGE ) shares were up nearly 18% in recent Thursday trading after the company's stock marked its New York Stock Exchange debut at higher than the $32-per-share IPO price.

The company's shares were trading at $37.74 per share in recent trading after opening at $39.25.

Hinge Health ( HNGE ) said late Wednesday it priced its initial public offering of about 13.7 million class A common shares at $32 each.

The digital health firm is offering roughly 8.5 million of the shares, with the rest offered by certain selling stockholders. The company said the selling stockholders have granted a 30-day overallotment option to the underwriters to acquire up to 2 million additional shares.

Hinge Health ( HNGE ) said it plans to use substantially all its net proceeds to satisfy tax withholding and remittance obligations.

The company said it expects the offering to close Friday.

Price: 37.60, Change: +5.60, Percent Change: +17.50