Lumexa Imaging’s (NASDAQ:LMRI – Get Free Report) quiet period is set to expire on Tuesday, January 20th. Lumexa Imaging had issued 25,000,000 shares in its initial public offering on December 11th. The total size of the offering was $462,500,000 based on an initial share price of $18.50. During Lumexa Imaging’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Lumexa Imaging Stock Performance
Lumexa Imaging stock traded down $0.13 during mid-day trading on Thursday, hitting $15.43. The company had a trading volume of 536,431 shares, compared to its average volume of 880,993. Lumexa Imaging has a 12-month low of $14.00 and a 12-month high of $19.45.
About Lumexa Imaging
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