ALOVU’s Quiet Period Will End on March 3rd (NASDAQ:ALOVU)

ALOVU’s (NASDAQ:ALOVUGet Free Report) quiet period is set to end on Tuesday, March 3rd. ALOVU had issued 26,100,000 shares in its public offering on January 22nd. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised ALOVU to a “hold” rating in a research note on Monday, February 2nd.

View Our Latest Analysis on ALOVU

ALOVU Price Performance

NASDAQ ALOVU opened at $9.98 on Tuesday. ALOVU has a one year low of $9.97 and a one year high of $10.05.

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