{"id":25078,"date":"2024-06-10T10:10:00","date_gmt":"2024-06-10T10:10:00","guid":{"rendered":"http:\/\/107425257"},"modified":"2024-06-10T10:10:00","modified_gmt":"2024-06-10T10:10:00","slug":"waystar-shares-slip-in-nasdaq-debut-after-digital-health-company-priced-ipo-in-middle-of-range","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/waystar-shares-slip-in-nasdaq-debut-after-digital-health-company-priced-ipo-in-middle-of-range\/","title":{"rendered":"Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range"},"content":{"rendered":"

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Waystar<\/span> shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range.<\/p>\n

The stock opened at $21 per share, below the IPO<\/span> price of $21.50 late Thursday. Waystar said its expected price would be between $20 and $23 per share in May. Shares closed down more than 3% to $20.70 on Friday.<\/p>\n

The IPO market has been largely dormant since late 2021 when the extended bull market turned and investors began to worry about a weakening economy. Few technology companies have been willing to try and go public since then, and no digital health companies had a public exit in 2023, according to a report<\/span> from Rock Health.<\/p>\n

But the broader venture-backed tech market may be beginning to thaw. Social media platform Reddit<\/span>