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ASX IPO frenzy reaches fever pitch with four floats

Luke Housego

Nuix headlined a big day for initial public offerings on the ASX on Friday as investors welcomed the four newest members to the market with hefty price gains.

The high-profile Macquarie-backed Nuix soared a spectacular 60.1 per cent in the first minutes of trading, surging from a $5.31 offer price to $8.50.

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Luke Housego is a journalist for The Australian Financial Review based in the Brisbane office. Email Luke at luke.housego@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/asx-ipo-frenzy-reaches-fever-pitch-with-four-floats-20201204-p56kmp