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BlueCity Holdings +70% in first trading day

Jul. 08, 2020 12:04 PM ETBlueCity Holdings Limited (BLCT) StockBLCTBy: Brandy Betz, SA News Editor
  • Chinese LGBTQ platform BlueCity Holdings (BLCT) opens its first day of trading up 28%. Shares are now up 67% to $26.84.
  • The company had priced the IPO at $16/ADS. The offering included 5.3M ADS with an over-allotment of 795,000 ADS.
  • Previously: Chinese gay dating app Blued files for U.S. IPO (Jun. 17 2020)

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