SWMR
$36.71-15.84 (-30.14%)
Recent News
Big Volatility For Small But Buzzy IPO
It’s been a volatile few days for the buzziest IPO of the week. A wave of mom-and-pop investors sent shares of small drone-software company Swarmer soaring after it went public on Tuesday. Then yesterday, shares started falling, and the declines accelerated in Friday’s trading session.
These Stocks Are Today’s Movers: Micron, Accenture, Seagate, APA, Newmont, Alibaba, Swarmer, and More
STOCKSTOWATCHTODAY BLOG Stocks fell Thursday as strikes on energy infrastructure across the Middle East drove up oil prices and Brent crude briefly soared to nearly $120 a barrel. These stocks made notable moves: APA climbed 4%.
This Drone Stock Is Falling After an Eye-Popping IPO. What It’s Worth Is Hard to Say.
Swarmer stock is down in early trading on Thursday after two incredible days of gains. The company sold shares in an initial public offering at $5 on Monday. Swarmer only sold three million shares.
Drone Stock Becomes Hottest IPO As Shares Soar Nearly 1,000%
With shares trading around 53 Thursday, the new issue is up about 950% from its initial offering. That's by far the best performing IPO this year.
The Hottest Stock of the Week Is a Small, Unprofitable Drone Company
Swarmer made its stock market debut on Tuesday, raising just $15 million in a public offering that flew under the radar of many of the largest fund managers. Then individual investors got wind of the stock, and shares began to soar. Swarmer’s IPO priced at $5 a share.