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iRhythm Technologies (IRTC) IPO Opens Up 57%

Street Insider

Today's IPO for iRhythm Technologies, Inc. (Nasdaq: IRTC) opened for trading at $26.75 after pricing 6,294,118 shares of its common stock at a public offering price of $17.00 per share, above the expected $13-$15 range. The IPO size was rasied from 5,350,000 shares.

J.P. Morgan and Morgan Stanley are acting as joint book-running managers for the offering.Canaccord Genuity and BTIG are acting as co-managers.

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