$Chagee Holdings Limited(CHA)$-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Chagee Holdings Limited(CHA)$

Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its initial public offering in the United States, the company said in a statement on Thursday.

Chagee sold about 14.7 million American depository shares at the top of the $26 to $28 per share range flagged to investors when the deal was launched. At that price, Chagee is valued at $5.1 billion, ahead of its Nasdaq debut, according to its regulatory filings.

Chagee Soars on Debut: Take Profits or Hold on Tight?

Chagee went public and surged 15% on Thursday. However, the stock closed lower than its open price. ------------ Can Chagee replicate the surge of Mixue group? Or repeat the down trend like Nayuki? Is the market expectations too high to fulfill? What's your target price for Chagee?

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Comments

tiger_cc
04-18
tiger_cc
So crazy！

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