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Vitamin Shoppe (VSI), a leading retailer of health and wellness products, completed its much anticipated IPO this week, raising $155 million by offering 9.1 million shares at $17 each, above the expected $14.00 to $16.00 range. The NYSE stock was up 5.6% on its first day of trading on Wednesday and has since remained positive with its current price at $17.57.
Addus Home Care (ADUS), in comparison, was down 15% on its first day of trading, although it has since climbed 8% to its current price of $9.15. The company, which provides home-based personal care, skilled nursing, and rehabilitative therapies, raised $54 million by offering 5.4 million shares on the NASDAQ at $10.00, below its proposed $11.00 to $13.00 range.
AEI (AEI), an international company that owns, operates, and develops energy infrastructure, was also scheduled to go public this week but postponed the IPO yesterday after slashing the deal size by 65% earlier in the day.
Source: Update on This Week's Varied IPO Results