Why Hinge Health, Inc. (HNGE) Soared Today

From Yahoo Finance: 2025-05-22 22:02:00

Hinge Health, Inc. (NYSE:HNGE) soared by 17.38% on its first day as a publicly-listed company, opening at $39.25 and reaching $40.26, a 25.8% upside from its IPO price of $32. The company successfully raised $273 million from the sale of 8.52 million shares out of the total 13 million offered. Founded in 2014, HNGE is a digital physical therapy startup based in San Francisco, aiming to help patients with various musculoskeletal needs.



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