Sacks Parente Golf, Inc. (NASDAQ: SPGC) went public on Tuesday at $4 a share. The stock closed Tuesday trading at around $26 a share, good for a more than 600% gain, which made it 2023’s hottest IPO of the year.
Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains that made it the strongest US stock-market debut of…
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U.S. stocks traded mixed this morning, following the release of some major earnings and economic reports. Following the market opening Wednesday, the Dow traded up 0.09% to 34,977.90 while the NASDAQ fell 0.40% to 13,577.19. The S&P 500, also fell, dropping, 0.07% to 4,434.69.
U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite declining around 90 points on Wednesday. The Dow traded down 0.01% to 34,942.88 while the NASDAQ fell 0.67% to 13,540.33. The S&P 500, also fell, dropping, 0.20% to 4,428.93.