Globus Medical Stock Rises First Day as Publicly Traded Company

Stocks of Globus Medical rose 13 percent on its first day as a publicly traded company, according to a Wall Street Journal report.

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Globus’ initial public offering reaped $100 million. The company’s initial offering price — $12 on the New York Stock Exchange — rose to $13.10 and then closed at $13.50 at then end of the session.

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