BUDA’s (NYSEAMERICAN:BUDA – Get Free Report) quiet period is set to expire on Tuesday, February 17th. BUDA had issued 2,666,667 shares in its initial public offering on January 8th. The total size of the offering was $20,000,003 based on an initial share price of $7.50. During BUDA’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
BUDA Stock Performance
Shares of BUDA opened at $8.60 on Tuesday. BUDA has a 12 month low of $6.85 and a 12 month high of $12.00.
About BUDA
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