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Home » Outset Medical posts hefty $242M IPO
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Outset Medical posts hefty $242M IPO

Sep. 15, 2020
By Holland Johnson
Portable dialysis machine manufacturer Outset Medical Inc. saw its shares soar after the opening of its Nasdaq IPO. The stock rose as high as $61.60 before closing at $60.68, finishing the day with a market cap of nearly $2.5 billion. Trading under the ticker symbol OM, the company priced 8.95 million of its shares at $27 apiece, upsizing its previously reported plans to offer 7.6 million shares between $22 and $24. The offering is set to close Sept. 17.
BioWorld MedTech Financings IPO Dialysis

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