Healthy Choice Wellness's Shares Fall on Debut

MT Newswires Live09-17

Healthy Choice Wellness (HCWC) shares fell more than 41% in recent Monday trading after the company made its debut on the New York Stock Exchange.

The stock was trading at $5.88 in recent trading after opening at $8.5, below the IPO price of $10.

The company said earlier in the day it priced its IPO of 400,000 class A common shares, for gross proceeds of approximately $4 million.

The offering is set to close on Tuesday, the company added.

Price: 5.86, Change: -4.14, Percent Change: -41.40

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