
Heartflow (HTFL) Soars 66% on IPO on Strong Investor Confidence

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Heartflow, Inc. (NASDAQ:HTFL) experienced a remarkable 66% surge on its IPO day, driven by strong investor confidence and favorable market conditions. The stock opened at $28, peaked at $31.5, and closed at $28.75, marking a 51.32% increase. The company raised $316.7 million by selling 16.67 million shares at $19 each, achieving a valuation of $2.33 billion. Heartflow focuses on advancing coronary care through innovative technology, backed by Bain Capital. The IPO offering is set to close on August 11, with underwriters granted an option for additional shares.

