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GoodRx Stock Climbs 39% in IPO Debut

By Ross Matican
· · Source: The Information

Shares of GoodRx jumped 39% in their first few hours of publicly trading on Wednesday, lifting the prescription drug coupon company’s stock to $46 from its IPO price of $33. And the IPO price was an increase on the expected price of around $26. At $46 a share, GoodRx has a market capitalization of $17.7 billion. GoodRx’s revenue grew 55% last year and the company is profitable, making it a...

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