Is Akanda IPO Stock a Buy? Looks Like a Risky Bet for Investors

Akanda is expected to start trading on Feb. 21 under the ticker symbol “AKAN.” Previously, the company kept the IPO price range between $4 and $6. However, it has priced the IPO at $4, which is at the lower end of the initial price range. The IPO pricing signals lack of enthusiasm among investors. Boustead Securities is the only bookrunner for the IPO.

Source link

Leave a Reply

Your email address will not be published.