Concentra Group Holdings Inc CON priced in July its initial public offering of 22.5 million shares at $23.50 per share.
Concentra Group Holdings Parent, Inc. CON shares are trading higher today. Deutsche Bank analyst Justin Bowers initiated coverage on the stock with a Buy rating and a price target of $29.
U.S. healthcare firm Concentra's shares fell 6% in their debut on the New York Stock Exchange on Thursday, in a sign of investor caution with new listings amid uncertainties over interest-rate cuts.
Concentra Group (NYSE:CON) stock is set to start trading on Thursday after the occupational health services company announced the pricing of shares in its initial public offering ( IPO ). Let's dive into everything investors need to know about Concentra Group starting to trade today below!
Concentra Group set the pricing of its U.S. initial public offering (IPO) at a valuation of $2.97 billion, the U.S. healthcare firm said on Wednesday.
Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year dry spell.
Concentra Group Holdings Parent, Inc. has filed for a $100 million IPO, although the final amount may be substantially higher. The company provides occupational health and related services to employees in the U.S. CON is producing slow and decelerating revenue growth, leading to the possibility of a dull IPO.