GIGADEVICE (03986.HK) Soars 45.1% to $235 on First Day of Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: aastocks
GIGADEVICE Stock Performance: GIGADEVICE closed at $226.8 on the gray market, reflecting a 49.4% increase, and opened at $235 on its debut, up 45.1% from the listing price of $162.
Trading Volume: At market open, 4.25 million shares of GIGADEVICE were traded.
Analyst Views on 03986
Wall Street analysts forecast 03986 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03986 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 233.000
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Current: 233.000
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
