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SelectQuote Jumps in Market Debut

SelectQuote Inc.’s shares climbed 35% in its first day of buying and selling Thursday, in what is about to be the biggest U.S. preliminary public providing since February, because the coronavirus pandemic continues to throw corporations’ plans to go public into disarray.

The insurance-policy-comparison firm’s stock opened 31% above its reference price at $26.20 on the New York Inventory Alternate underneath the image SLQT.

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Jung Min-seo

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