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JZ / This Chinese Stock Skyrocketed Over 3,100% on Its IPO
The stock price of a little-known Chinese technology company, Jianzhi Education Technology ( JZ , Financial), soared over 3,100% on Friday, Aug. 26 upon its initial public offering on the New York Stock Exchange. The company priced its IPO at just $5 per share, but it skyrocketed to over $160 per share on the day of the IPO before closing at $18.75.
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Posted: Aug 28 2022, 15:08
Author Name: GuruFocus
Views: 110613
JZ News
By GuruFocus
August 28, 2022
This Chinese Stock Skyrocketed Over 3,100% on Its IPO
The stock price of a little-known Chinese technology company, Jianzhi Education Technology ( JZ , Financial), soared over 3,100% on Friday, Aug. 26 up more_horizontal