EquipmentShare stock jumps 33% in IPO debut — what to know before EQPT trades again
EquipmentShare.com Inc’s Class A shares (EQPT) surged 32.9% in their Nasdaq debut Friday, closing at $32.56 after pricing at $24.50. The IPO raised $747.3 million, selling 30.5 million shares at the top of its range. Shares traded between $28 and $33 before hitting $34.50 after hours. The company operates 373 U.S. locations and plans to nearly double its footprint within five years.