Waystar Holding Corp.'s (NASDAQ:WAY) Lock-Up Period To End on December 4th

Market Beat
2024.11.27 06:16
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Waystar Holding Corp.'s lock-up period will end on December 4th, allowing major shareholders and insiders to sell their shares. The company issued 45 million shares during its IPO on June 7th, totaling $500 million at an initial price of $11.50. Analysts have recently upgraded their ratings on Waystar, with a consensus rating of "Buy" and a target price of $20.90. The stock opened at $18.87, with a 12-month range of $10.26 to $20.25. Waystar reported a 21.7% revenue increase year-over-year in its latest earnings report.