Lime Logs 8% Gain in Nasdaq Debut After $174 Million IPO
Lime, the electric scooter and bike operator incorporated as Neutron Holdings Inc., rose 8% in its first day of trading after raising $174 million in an initial public offering. Shares opened at $27 on the Nasdaq Global Select Market under the ticker LIME, valuing the company at roughly $1.73 billion. The IPO included nearly 7 million shares, with …