Bullish, the parent company behind CoinDesk, witnessed a remarkable surge in its stock price on the first day of its U.S. initial public offering (IPO), climbing by an impressive 143%. Shares were priced at $90, a significant leap from the IPO price of $37 per share, which collectively raised $1.11 billion. During the pre-market trading session, the stock price skyrocketed from the $55-60 range to $89-90, indicating strong investor optimism.
