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.

Advertisement

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.

More Articles on Orthopedic Devices:

Bioimplants Market to Reach $134B

Judge Rejects Orthofix’s Settlement Over Medicare Fraud Case

DePuy Wins Patent for Spine Cage Instruments

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.