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 story : Honest Co. shares soar more than 35% as trading begins #FinanceUSA #StockMarketNEWS Shares of Honest Co. Inc. soared 35% out of the gate, after indicating a Nasdaq debut well ahead of the pricing.

@stockMarketNEWS Thu 06 May, 2021

Posted in: #FinanceUSA #StockMarketNEWS

Honest Co. shares soar more than 35% as trading begins #FinanceUSA #StockMarketNEWS
Shares of Honest Co. Inc. soared 35% out of the gate, after indicating a Nasdaq debut well ahead of the pricing. The Los Angeles-based "clean" baby, beauty and household goods company opened at .22 at 11:41 a.m. ET, or 32.6% above the IPO price, then extended gains. At the opening price, the company was valued at .92 billion. The Renaissance IPO ETF has fallen 7.8% for the year to date, while the benchmark S&P 500 index is up 11.4% for the period.


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