Market Overview

IPO Market Still On Fire: Teladoc Skyrockets; CNX Coal, ConforMIS Introduced

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The IPO market has continued its rally in Wednesday’s session:

Teladoc Inc (NYSE: TDOC) skyrocketed nearly 62 percent. The nation’s first and and largest telehealth platform has upsized its initial offering of 7 million common shares to 8.25 million at the price of $19 per unit.

CNX Coal Resources LP (NYSE: CNXC) moved up nearly 1 percent after pricing 5 million common shares at the price of $15 per unit.

ConforMIS Inc (NASDAQ: CFMS) has priced 9 million shares at the price of $15 per share, in line with expected range of $14-$16.

 

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Posted-In: News IPOs Intraday Update