NerdWallet, Inc

NRDS NASDAQ
NRDS
NerdWallet, Inc NASDAQ
 
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Nov 052021

An A+ IPO for the Nerds

Who better to run your personal finance than a bunch of math nerds? No one, apparently, according to NerdWallet’s A+ IPO.

🤓 NerdWallet priced its IPO at $18 per share and scored a 91% jump in its first test on the market, closing the day up 57% with a $2 billion valuation.
🏦 It’s a personal banker in your pocket, advising people on what’s the best financing option for them. It swung to a pandemic-induced loss in 2021, but has been profitable before.
🏷 It’s been a stellar week for IPOs, with 13 top of the class debuts hitting the market.

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