On Thursday, Micware Co., Ltd. (MWC.US) commenced trading on the U.S. stock market. The stock opened with minimal volatility and, at the time of reporting, had advanced over 1% to $8.09 per share. The initial public offering price was set at $8 per share. Micware is a Japanese automotive software and IT solutions provider primarily focused on the automotive and mobility sectors. Its core business encompasses in-vehicle infotainment systems (IVI), navigation software, human-machine interface (HMI), telematics, and the development of driver assistance systems. The company also offers location-based service (LBS) mobile applications.
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