CAI International, Inc. goes public on NASDAQ, shares jump 32% for Caris Life Sciences

From Financial Modeling Prep: 2025-06-25 12:06:00

CAI International, Inc. is set to go public on the NASDAQ, offering 16.8 million shares at $21 each. The company specializes in transportation finance, leasing, and managing shipping containers and railcars, competing in the logistics sector.

Caris Life Sciences, trading as CAI on Nasdaq, saw its stock price jump over 32% post-IPO, reaching $27.85 per share. The company uses AI algorithms in blood tests for early disease detection, attracting investor interest in its innovative medical technology approach.

Hasbro’s shares rose 1.3% amidst restructuring, while Circle’s stock surged 16% after favorable legislation and Amazon’s shares increased by 0.88% post-CEO emphasis on AI’s potential. Despite geopolitical tensions, the market remains stable, with oil prices above $73 per barrel and the S&P 500 nearing all-time highs.

CAI’s stock is currently priced at $27.70, up 6.78% from the previous session. With a market cap of $7.85 billion, the stock fluctuated between $26.45 and $28.11, reflecting a year high of $30.70 and a low of $25.56. Trading volume on NYSE:CAI reached 1,727,255 shares.



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