Bain Capital backed Heartflow surges on public debut

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IPO stands for Initial Public Offering, which is a company"s fundraising by issuing and offering shares to the public for businesses that want to enter the stock market for growth opportunities and long-term funding from investors.

Worawith Ounpeng

Heartflow (NASDAQ:HTFL), a MedTech firm backed by private equity firms including Bain Capital, climbed ~50% on its first trading session as a public company on Friday.

On Thursday evening, the Mountain View, California-based company priced the IPO of nearly 16.7M shares at $19.00 apiece, seeking

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