GoodRx shares jump 40% in New York debut after over $1 billion IPO | The Mighty 790 KFGO | KFGO

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GoodRx shares jump 40% in New York debut after over $1 billion IPO

Fargo, ND, USA / The Mighty 790 KFGO | KFGO

Thomson Reuters

Sep 23, 2020 | 11:36 AM

(Reuters) – Shares of GoodRx Holdings Inc surged 40% in their debut on the Nasdaq on Wednesday, after the online prescription drug platform raised $1.14 billion in its upsized initial public offering.

The stock opened at $46 per share, compared to the IPO price of $33 per share.

(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)

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