Tenon Medical, Ostin Technology Shares Rocket in Market Debuts | Barron's

2022-07-30 00:11:17 By : Ms. Mickey Zhu

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https://www.barrons.com/articles/tenon-medical-ostin-ipos-soar-51651076987

Two companies, Ostin Technology Group and Tenon Medical, soared in their market debuts Wednesday. Shares of Ostin, a Chinese supplier of display modules, rocketed about 892%, while shares of medical-device company Tenon jumped 350%. 

Both Ostin and Tenon are trading on the Nasdaq. Ostin’s (ticker: OST) debut was the best first-day pop for an IPO this year, according to Renaissance Capital. The record was previously held by Yoshitsu (TKLF), a Japanese beauty retailer that made its debut in January at $4. Its shares surged 700%.

Two companies, Ostin Technology Group and Tenon Medical, soared in their market debuts Wednesday.

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