Waystar stock falls on its Nasdaq debut

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Julie Hyman News

Software Company,Initial Public Offering,Jared Blikre

Waystar (WAY), a healthcare payment software company, began its initial public offering (IPO) on Friday and saw its shares fall during afternoon trading...

), a healthcare payment software company, began its initial public offering on Friday and saw its shares fall during afternoon trading. This marks the largest US-based company to put out an IPO this year.By the way, this is a health care payment software company having its initial public offering today at 2150 a share price at the low end of the range.I was surprised, too, because they only raised what about a less than a billion dollars.

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