Coronavirus Bitcoin Price Crashed – One Medical jumped 58% in its market debut on Friday even as coronavirus concerns led to the biggest drop in the Dow since August.
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It’s not the kind of coincidence a company in the health care industry wanted. Market selloffs are typically bad for IPOs.
But the stock did fine, climbing 58% in it is first day on the Nasdaq, albeit after the San Francisco-based company priced at the bottom end of its expected IPO range. With a closing price of $22.07, One Medical is valued at about $2.7 billion.
Speaking from the Nasdaq on Friday, One Medical CEO Amir Rubin told CNBC that his company is built to help patients when potential crises like the coronavirus emerge. That’s because One Medical combines a network of primary clinics and a membership base of almost 400,000 people with a suite of digital services that allow the company to share information with patients from local and national authorities as well as…
Coronavirus Bitcoin Price Crashed.