Hinge Health pops 17%, but joins growing ranks of down-round IPOs
22 May 2025 at 14:58
Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. Thatβs a good first-day result. But even with the pop, Hingeβs public valuation is significantly less than its last [β¦]