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2025-11-07 04:11
BillionToOne (BLLN) made a strong market debut, with its shares soaring 67% after the company successfully raised $273.1M in its initial public offering.
The shares opened at $100 each, significantly higher than the IPO price of $60, which positioned BillionToOne's market valuation at approximately $4.4B based on the shares listed in its filings.
The IPO was managed by leading financial institutions, including JPMorgan Chase & Co., Piper Sandler Cos., Jefferies Financial Group Inc., and William Blair & Co.
In another notable debut, Evommune's (EVMN) shares increased by 26.1% on the New York Stock Exchange, opening at $17.25 compared to its IPO price of $16.