The IPO Buzz: Phoenix Asia Holdings Jumps to $7 on NASDAQ & Drops Below $4 IPO Price

Phoenix Asia Holdings Ltd. (PHOE) shares shot up to $7.00 - up 75 percent from their $4.00 IPO price - in their NASDAQ debut today - Friday, April 25, 2025 - at 10:45 a.m. EDT. Volume on that opening trade: 104,722 shares. By around 11:30 a.m. EDT, though, the thrill was gone: Phoenix Asia Holdings' stock slid below its $4.00 IPO price to trade at $3.89. The profitable Hong Kong company is the par..

Read more April 25, 2025

IPO Calendar

Company Symbol proposed Lead Managers Shares (Millions) Price Low Price High Est. $ Volume Expected to Trade SCOOP Rating Rating Change
New Providence Acquisition Corp. III/Cayman NPACU Cantor 26.1 10.00 10.00 $ 261.0 mil 4/24/2025 Priced S/O S/O
Crane Harbor Acquisition Corp. CHACU Cohen & Company Capital Markets/ Jones 20.0 10.00 10.00 $ 200.0 mil 4/25/2025 Priced S/O S/O
Inflection Point Acquisition Corp. III IPCXU Cantor 22.0 10.00 10.00 $ 220.0 mil 4/25/2025 Priced S/O S/O
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Last 100 IPOs - April 26, 2025

Number of IPOs priced : 100
Number Up: 54
Number Down: 42
Number Unchanged: 4
Percentage Change From Issue Price: 17.39%
Percentage Change for The Nasdaq Composite -0.57%

2025 IPO Scorecard - April 26, 2025

Number of IPOs priced (Excluding 27 units) : 80
Number Up: 44
Number Down: 33
Number Unchanged: 3
Total Return From Issue Price: 19.52%
The Nasdaq Composite Index YTD % Change 35.22%