GIGADEVICE (03986.HK) Sees 40% Surge to $226.8 by Midday After IPO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: aastocks
GIGADEVICE Debut Performance: GIGADEVICE (03986.HK) debuted today, opening at $235, which is a 45.1% increase from its listing price of $162, and closed midday at $226.8, reflecting a 40% gain.
Stock Trading Details: The stock reached a peak of $248.8 and a low of $220, with a trading volume of 8.62 million shares and a turnover of $1.98 billion.
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.
