⁍ Shares of Academy Sports and Outdoors Inc fell 7% in their Nasdaq debut on Friday.
⁍ The KKR-backed sporting goods retailer raised about $203.1 million in its IPO.
⁍ The stock opened at $12.10 per share, compared with the IPO price of $13 per share.
– Shares of Academy Sports and Outdoors, a retailer of sporting goods, fell 7% in their Nasdaq debut on Friday, after the KKR-backed sporting goods retailer raised about $203.1 million in its initial public offering, Reuters reports. The stock opened at $12.10 per share, compared with the IPO price of $13 per share.
Source: https://www.reuters.com/article/us-academy-sports-ipo/kkr-backed-academy-sports-falls-7-in-nasdaq-debut-idUSKBN26N2QC